# China says new animal feed standards will cut chunk out of appetite for soy

> China's Feed Industry Association approved new standards lowering protein levels in pig feed by 1.5 percentage points and in chicken feed by 1 percentage point. The agriculture ministry said overall annual soymeal use would fall by 11 million tonnes, and soybean consumption by 14 million tonnes, about 13 percent of the prior crop year. The standards are guidelines with no implementation date.

- Date: 2018-10-29 · published 2018-10-29T12:00:00.000Z
- Category: policy · region China · magnitude high
- Page: https://feedsoft.ai/events/62544-china-says-new-animal-feed-standards-will-cut-chunk-out-of-appetite-for-soy
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower soymeal inclusion in China, the world's top soybean buyer, reduces expected import demand and weighs on soybean and soymeal prices, though the non-binding nature limits the near-term impact.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-11-26 | [China’s New Feed Standards May Bring Radical Changes to Soybeans, Feed, and Livestock-Farming - Rabobank](https://feedsoft.ai/events/62039-china-s-new-feed-standards-may-bring-radical-changes-to-soybeans-feed-and.md) | +1.6% | +0.3% |
| SOY | 2018-11-01 | [China may lower soy protein content in animal feed](https://feedsoft.ai/events/62548-china-may-lower-soy-protein-content-in-animal-feed.md) | +3.4% | +5.8% |
| SOY | 2023-04-14 | [Food security drives China to cut soymeal use in animal feed \| Reuters](https://feedsoft.ai/events/14849-food-security-drives-china-to-cut-soymeal-use-in-animal-feed-reuters.md) | -0.2% | -3.8% |
| SOY | 2023-10-19 | [Appetite for soya hinders China’s self-sufficiency drive](https://feedsoft.ai/events/14808-appetite-for-soya-hinders-china-s-self-sufficiency-drive.md) | -1.7% | +5.6% |
| SOY | 2020-12-01 | [Chinese Traders Downplay Impact of New Animal Feed Guidelines \| Feed & Grain](https://feedsoft.ai/events/49773-chinese-traders-downplay-impact-of-new-animal-feed-guidelines-feed-and-grain.md) | -0.9% | +10.9% |
| SBM | 2018-11-14 | [China's top pig farming firm to follow new lower protein feed standards
						 \| The Pig Site](https://feedsoft.ai/events/62041-china-s-top-pig-farming-firm-to-follow-new-lower-protein-feed-standards-the-pig.md) | +1.1% | +1.8% |
| SBM | 2018-11-26 | [China’s New Feed Standards May Bring Radical Changes to Soybeans, Feed, and Livestock-Farming - Rabobank](https://feedsoft.ai/events/62039-china-s-new-feed-standards-may-bring-radical-changes-to-soybeans-feed-and.md) | +0.8% | +0.6% |
| SBM | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +0.9% | -0.0% |

## Sources

- business-standard.com: https://www.business-standard.com/article/reuters/china-says-new-animal-feed-standards-will-cut-chunk-out-of-appetite-for-soy-118102900140_1.html

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