# Why demand for soybeans will remain high - High Plains Journal

> Industry figures say soybean demand will stay strong despite recent price softening as world demand shifts to South America. Expectations include rising soy acreage in the U.S. and continued demand from China and Southeast Asia for differentiated beans. African swine fever outbreaks are cited as a longer-term demand factor.

- Date: 2021-03-26 · published 2021-03-26T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/48147-why-demand-for-soybeans-will-remain-high-high-plains-journal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Expectations of sustained import demand from China and Southeast Asia support soybean prices and meal demand. Hog-herd rebuilding and ASF outbreaks point to firm feed demand over the longer term.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- HOGS: bullish ▲

## Sources

- hpj.com: https://hpj.com/2021/03/26/why-demand-for-soybeans-will-remain-high/

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