# China’s oilseed demand to rise as swine sector recovers – Asian Agribiz

> A USDA GAIN report forecasts China's total oilseed demand to rise to 148 million tonnes in marketing year 2020/21 as the swine sector recovers from African swine fever. Protein meal feed use is forecast to rise 2%, and soybean crush is forecast up 3%.

- Date: 2020-04-07 · published 2020-04-07T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/53633-china-s-oilseed-demand-to-rise-as-swine-sector-recovers-asian-agribiz
- 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

Higher projected crush and meal use in China supports soybean and soymeal demand, which is supportive for prices of those oilseeds.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-06-03 | [China set for record-busting soybean demand as African swine fever wanes](https://feedsoft.ai/events/46558-china-set-for-record-busting-soybean-demand-as-african-swine-fever-wanes.md) | 0.0% | -7.2% |
| SOY | 2021-01-28 | [China’s feed demand buoyed by recovering swine herd \| 2021-01-28  \| World Grain](https://feedsoft.ai/events/49138-china-s-feed-demand-buoyed-by-recovering-swine-herd-2021-01-28-world-grain.md) | -0.3% | +2.3% |
| SOY | 2020-03-19 | [USDA FAS sees rising soybean demand for China - Brownfield Ag News](https://feedsoft.ai/events/54127-usda-fas-sees-rising-soybean-demand-for-china-brownfield-ag-news.md) | +6.8% | +1.4% |
| SOY | 2024-03-08 | [Reaction to March WASDE Is Mild; Soybeans Rise on China Demand Changes](https://feedsoft.ai/events/31130-reaction-to-march-wasde-is-mild-soybeans-rise-on-china-demand-changes.md) | +2.1% | +2.4% |
| SOY | 2024-09-10 | [Rising Chinese feed demand pushes increase of oilseed crushing \| MEAT+POULTRY](https://feedsoft.ai/events/28296-rising-chinese-feed-demand-pushes-increase-of-oilseed-crushing-meat-poultry.md) | +0.5% | +3.4% |
| SBM | 2021-06-03 | [China set for record-busting soybean demand as African swine fever wanes](https://feedsoft.ai/events/46558-china-set-for-record-busting-soybean-demand-as-african-swine-fever-wanes.md) | -1.8% | -4.4% |
| SBM | 2020-03-19 | [USDA FAS sees rising soybean demand for China - Brownfield Ag News](https://feedsoft.ai/events/54127-usda-fas-sees-rising-soybean-demand-for-china-brownfield-ag-news.md) | +5.8% | -4.0% |
| SBM | 2019-12-12 | [China’s animal feed demand to rebound by 8% in 2020 \| Feed Strategy](https://feedsoft.ai/events/55584-china-s-animal-feed-demand-to-rebound-by-8-in-2020-feed-strategy.md) | +3.3% | +1.8% |

## Sources

- asian-agribiz.com: https://www.asian-agribiz.com/2020/04/07/chinas-oilseed-demand-to-rise-as-swine-sector-recovers/

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