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China's soybean demand is expected to slacken in the first half of 2022 as crush margins weaken and the sow herd trends lower. Customs data showed January-November 2021 soybean imports down 5.5% year on year, while USDA and S&P Global still forecast strong import volumes.
Weaker Chinese crush and feed demand would reduce import needs and pressure soybean and meal prices, though forecasts for record imports leave the outlook uncertain.
ukragroconsult.comJan 10, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
