China to Cut Soybean Meal in Livestock Feed

After 369 past bearish policy events, SOY moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.8%), and +0.8% over 20.

• Jan 5, 2022India sets stock limits on soybean meal | World Grain-0.1%
• Apr 14, 2023Food security drives China to cut soymeal use in animal feed | Reuters-0.2%
• Nov 26, 2018China’s New Feed Standards May Bring Radical Changes to Soybeans, Feed, and Livestock-Farming - Rabobank+1.6%
• Jun 18, 2025China's big feed shift to curb soybean imports, strain small farmers-4.5%
• May 4, 2021China moves to cut corn, soy in feed rations - Manitoba Co-operator+3.8%

After 223 past bearish policy events, SBM moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% over 20.

• Mar 19, 2021China looks to cut corn, soymeal content in animal feed | Feed Strategy+0.9%
• Apr 14, 2023Food security drives China to cut soymeal use in animal feed | Reuters-1.7%
• Nov 26, 2018China’s New Feed Standards May Bring Radical Changes to Soybeans, Feed, and Livestock-Farming - Rabobank+0.8%
• Jun 18, 2025China's big feed shift to curb soybean imports, strain small farmers-2.9%
• May 4, 2021China moves to cut corn, soy in feed rations - Manitoba Co-operator+6.2%

After 318 past bullish policy events, CORN moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.

• Jul 29, 2021Soybean meal needs reduced import tax-0.3%
• May 11, 2018China looking to rely less on US for soybeans-0.1%
• Dec 1, 2020Argentina to Tax Grain Exports | Feed & Grain-0.4%
• Sep 2, 2018Argentina IMF deal could mean reversal of Macri's grain tax cuts+0.9%
• Apr 13, 2018China seeks to increase soy production-0.4%