# As trade war crushes China's soybean mills, U.S. rivals make hay

> Chinese soybean crushing mills are struggling with sinking demand for animal feed as pig farmers cull herds due to falling meat prices. U.S. competitors are gaining share in the Chinese market as the trade war continues.

- Date: 2018-12-27 · published 2018-12-27T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/61545-as-trade-war-crushes-china-s-soybean-mills-u-s-rivals-make-hay
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker Chinese crush and feed demand lowers soybean meal demand and import needs, pressuring U.S. soybean and meal prices while favoring competing exporters.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -1.6% | -9.2% |
| SOY | 2018-09-12 | [China slashes 2018/19 soybean import forecast as U.S. trade war crimps buying](https://feedsoft.ai/events/62889-china-slashes-2018-19-soybean-import-forecast-as-u-s-trade-war-crimps-buying.md) | -0.8% | +5.2% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |
| SOY | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.5% | +6.4% |
| SOY | 2018-10-12 | [Trade War Drives Farmers to Corn as China Shuns US Soybeans - TT](https://feedsoft.ai/events/8558-trade-war-drives-farmers-to-corn-as-china-shuns-us-soybeans-tt.md) | +0.6% | +1.1% |
| SBM | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -2.5% | -11.9% |
| SBM | 2018-09-12 | [China slashes 2018/19 soybean import forecast as U.S. trade war crimps buying](https://feedsoft.ai/events/62889-china-slashes-2018-19-soybean-import-forecast-as-u-s-trade-war-crimps-buying.md) | -4.4% | -0.2% |
| SBM | 2018-12-27 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/61593-inside-china-s-strategy-in-the-soybean-trade-war.md) | +3.1% | +3.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-soybean-focus/as-trade-war-crushes-chinas-soybean-mills-u-s-rivals-make-hay-idUSKBN1KH0SX/

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