# China's COFCO Meat imports pork from Chile, Europe as U.S. trade war bites

> COFCO Meat is importing pork from Chile and Europe as the US-China trade war raises costs for Chinese farmers. China's 25% tariff on US soybeans has pushed up soymeal prices, and COFCO Meat's chairman said each 100 yuan per tonne rise in soymeal adds only a small amount to production costs.

- Date: 2018-08-22 · published 2018-08-22T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/63547-china-s-cofco-meat-imports-pork-from-chile-europe-as-u-s-trade-war-bites
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tariff-driven soymeal price increases raise feed costs for Chinese hog producers and shift pork supply toward imports, which supports soymeal prices and adds to pressure on hog margins.

## Read by commodity

- SBM: bullish ▲
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-03-03 | [China soybean buyers will cope if U.S. trade spat hits imports: New Hope](https://feedsoft.ai/events/65861-china-soybean-buyers-will-cope-if-u-s-trade-spat-hits-imports-new-hope.md) | -4.7% | -3.3% |
| SBM | 2022-11-15 | [China mulls importing soybean meal from Brazil as supply shortage bites](https://feedsoft.ai/events/38746-china-mulls-importing-soybean-meal-from-brazil-as-supply-shortage-bites.md) | +0.1% | +9.8% |
| SBM | 2025-04-07 | [China soybean meal prices surge amid U.S. trade war escalation](https://feedsoft.ai/events/25198-china-soybean-meal-prices-surge-amid-u-s-trade-war-escalation.md) | +5.1% | +1.6% |
| SBM | 2020-12-25 | [China's Nov soybean imports from U.S. surge on year after trade deal - Markets - Business Recorder](https://feedsoft.ai/events/49498-china-s-nov-soybean-imports-from-u-s-surge-on-year-after-trade-deal-markets.md) | +2.9% | +4.6% |
| SBM | 2019-09-24 | [China gives waivers to importers to buy U.S. soy exempt from tariffs: sources](https://feedsoft.ai/events/56921-china-gives-waivers-to-importers-to-buy-u-s-soy-exempt-from-tariffs-sources.md) | +0.5% | +4.5% |
| SOY | 2019-11-06 | [Panamax rates slide as trade war bites into US soybean exports to China](https://feedsoft.ai/events/56287-panamax-rates-slide-as-trade-war-bites-into-us-soybean-exports-to-china.md) | -1.7% | -4.7% |
| SOY | 2024-11-01 | [China pivot from US farm imports bolsters it against trade war risks \| Reuters](https://feedsoft.ai/events/14704-china-pivot-from-us-farm-imports-bolsters-it-against-trade-war-risks-reuters.md) | +3.4% | +0.7% |
| 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% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-cofco/chinas-cofco-meat-imports-pork-from-chile-europe-as-u-s-trade-war-bites-idUSKCN1L70VU/

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