# China soybean imports show US farmers have more to fear than trade war

> ClipperData tanker tracking shows China's soybean offtake in early 2019 running about 37 percent below the first weeks of 2018. An African swine fever outbreak is also threatening to reduce Chinese demand for soymeal in hog feed.

- Date: 2019-01-17 · published 2019-01-17T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/60960-china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war
- 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

Weak Chinese soybean and soymeal demand signals a real demand problem, pressuring soybean and meal prices despite rallies on trade-deal hopes.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- HOGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-27 | [Crop drop: China swine fever outbreak to curb its soybean imports](https://feedsoft.ai/events/62036-crop-drop-china-swine-fever-outbreak-to-curb-its-soybean-imports.md) | +5.0% | +0.9% |
| SOY | 2018-12-05 | [More and more ASF cases in China - imports of US pork](https://feedsoft.ai/events/61547-more-and-more-asf-cases-in-china-imports-of-us-pork.md) | +0.9% | -0.2% |
| SOY | 2019-03-12 | [Swine fever hurts China soybean demand, raises doubts on trade promises](https://feedsoft.ai/events/60092-swine-fever-hurts-china-soybean-demand-raises-doubts-on-trade-promises.md) | +3.2% | +2.4% |
| SOY | 2019-01-16 | [Trade war, sick hogs make China soy purchases hard to predict: Braun](https://feedsoft.ai/events/61085-trade-war-sick-hogs-make-china-soy-purchases-hard-to-predict-braun.md) | +2.4% | +2.6% |
| SOY | 2018-12-03 | [ASF tempers bullish soybean hopes after China trade truce - Brownfield Ag News](https://feedsoft.ai/events/61548-asf-tempers-bullish-soybean-hopes-after-china-trade-truce-brownfield-ag-news.md) | +1.7% | +0.0% |
| SBM | 2019-08-08 | [Hog Virus May Matter More for China Soy Buyers Than Trade War - Bloomberg](https://feedsoft.ai/events/11476-hog-virus-may-matter-more-for-china-soy-buyers-than-trade-war-bloomberg.md) | 0.0% | -1.5% |
| SBM | 2018-11-27 | [Crop drop: China swine fever outbreak to curb its soybean imports](https://feedsoft.ai/events/62036-crop-drop-china-swine-fever-outbreak-to-curb-its-soybean-imports.md) | +3.0% | +0.1% |
| SBM | 2018-12-05 | [More and more ASF cases in China - imports of US pork](https://feedsoft.ai/events/61547-more-and-more-asf-cases-in-china-imports-of-us-pork.md) | -0.6% | +0.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/01/16/china-soybean-imports-show-us-farmers-have-more-to-fear-than-trade-war.html

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