# China's pig herd rebuild to support soy crush for ‘several years': ADM - Fastmarkets

> ADM's CEO said global soybean crush margins should stay supported for the next couple of years as China rebuilds its pig herd and professionalises livestock production. ADM has crushed a record volume of soybeans this year, with its US export margins widening on Chinese demand.

- Date: 2020-10-30 · published 2020-10-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/50640-china-s-pig-herd-rebuild-to-support-soy-crush-for-several-years-adm-fastmarkets
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Sustained Chinese hog-driven demand for soymeal and corn supports crush margins and export pull on US supplies, which is bullish for meal and corn prices.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/china-s-pig-herd-rebuild-to-support-soy-crush-for-several-years-adm/

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