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Emerging Market Views reports China's corn imports could reach 26 million metric tons this marketing year, up from a record 11.3 million in 2020. Soybean imports are set to top 103 million metric tons, and global corn prices have risen above $6 a bushel, a near eight-year high, as hog herd rebuilding after African swine fever boosts feed demand.
Strong Chinese corn and soybean import demand for hog feed supports prices for corn, soybeans and soybean meal.
em-views.comNelson LowAug 16, 2021Not 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.
