# China to reduce soy in animal diets 21.12.2021 - UkrAgroConsult

> China began lowering soybean meal and corn content in animal feed after an March 2021 voluntary guideline from the Ministry of Agriculture and Rural Affairs. Large producers such as Muyuan Foods and New Hope Liuhe have cut soybean meal inclusion sharply.

- Date: 2021-12-21 · published 2021-12-21T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/43576-china-to-reduce-soy-in-animal-diets-21-12-2021-ukragroconsult
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower soymeal inclusion in Chinese feed reduces import demand for soybeans and soybean meal, a bearish factor for global soy complex prices.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-29 | [China food security: vow to boost 2022 soybean output sets stage for leap in GM seed tech 29.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/14972-china-food-security-vow-to-boost-2022-soybean-output-sets-stage-for-leap-in-gm.md) | +1.4% | +5.9% |
| SOY | 2023-04-10 | [China makes an effort to reduce soybean imports](https://feedsoft.ai/events/36361-china-makes-an-effort-to-reduce-soybean-imports.md) | +0.5% | -1.6% |
| SOY | 2019-02-05 | [The Global Miller: Troubled China opts to reduce protein in animal feed](https://feedsoft.ai/events/60666-the-global-miller-troubled-china-opts-to-reduce-protein-in-animal-feed.md) | -1.5% | -1.9% |
| SOY | 2023-04-14 | [Food security drives China to cut soymeal use in animal feed \| Reuters](https://feedsoft.ai/events/14849-food-security-drives-china-to-cut-soymeal-use-in-animal-feed-reuters.md) | -0.2% | -3.8% |
| SOY | 2018-11-01 | [China may lower soy protein content in animal feed](https://feedsoft.ai/events/62548-china-may-lower-soy-protein-content-in-animal-feed.md) | +3.4% | +5.8% |
| SBM | 2023-04-10 | [China makes an effort to reduce soybean imports](https://feedsoft.ai/events/36361-china-makes-an-effort-to-reduce-soybean-imports.md) | +0.7% | -5.3% |
| SBM | 2019-02-05 | [The Global Miller: Troubled China opts to reduce protein in animal feed](https://feedsoft.ai/events/60666-the-global-miller-troubled-china-opts-to-reduce-protein-in-animal-feed.md) | -1.8% | -1.6% |
| SBM | 2023-04-14 | [Food security drives China to cut soymeal use in animal feed \| Reuters](https://feedsoft.ai/events/14849-food-security-drives-china-to-cut-soymeal-use-in-animal-feed-reuters.md) | -1.7% | -7.5% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/china-to-reduce-soy-in-animal-diets/

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