China’s import demand for soybeans could be reduced by a cumulative 42 million mt by 2019-20, largely as a result of the African swine fever outbreak in the country, according to the US Department of Agriculture. Receive daily email alerts, subscriber notes & personalize your experience. Register Now China’s soybean import demand in 2017-18 was 3 million mt below the USDA’s initial forecasts decline. That was “related to China’s reduction in soybean meal in feed rations prompted by the current trade engagement with the United States,” USDA said in a report released Friday. For 2018-19 the loss is projected to reach 17 million mt, while the 2019-20 loss is estimated at 22 million mt, USDA said. “African Swine Fever in China will be a game changer for the global oilseed complex, and soybeans in particular, in the coming years,” the agency said. “The pig herd in […]