# China’s soybean demand set to slacken in H1 on shrinking sow herd 10.01.2022 - UkrAgroConsult

> 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.

- Date: 2022-01-10 · published 2022-01-10T12:00:00.000Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/43126-china-s-soybean-demand-set-to-slacken-in-h1-on-shrinking-sow-herd-10-01-2022
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SBO: neutral
- SOY: bearish ▼

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-soybean-demand-set-to-slacken-in-h1-on-shrinking-sow-herd/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.