# Henan pig farmers cut soybean pulp consumption amid Sino-US tensions - Chinadaily.com.cn

> Pig farmers in Henan province are cutting soybean meal use from about 20% to 10% of feed formulas in response to rising soybean pulp prices tied to the Sino-US trade conflict. Soybean pulp prices rose 3.7% year on year in early July, and China imported 32.85 million tons of U.S. soybeans in 2017.

- Date: 2018-07-31 · published 2018-07-31T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/64012-henan-pig-farmers-cut-soybean-pulp-consumption-amid-sino-us-tensions-chinadaily
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Substitution away from soy meal in Chinese feed reduces demand for soybean meal and imported soybeans, which is bearish for those products and supports alternative feed ingredients.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-06-28 | [US-China trade tensions hurt Argentine soybean exports - Chinadaily.com.cn](https://feedsoft.ai/events/58439-us-china-trade-tensions-hurt-argentine-soybean-exports-chinadaily-com-cn.md) | -2.7% | -2.9% |
| SBM | 2018-10-04 | [China’s cut to soybean consumption ‘unrealistic’ \| The Western Producer](https://feedsoft.ai/events/62523-china-s-cut-to-soybean-consumption-unrealistic-the-western-producer.md) | +1.5% | -0.4% |
| SBM | 2025-07-11 | [China’s feed production rises, soybean meal consumption falls](https://feedsoft.ai/events/23726-china-s-feed-production-rises-soybean-meal-consumption-falls.md) | -0.0% | +2.2% |
| SBM | 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) | +1.1% | -2.1% |
| SBM | 2019-08-08 | [US-China trade war: Soybean farmers are working new markets](https://feedsoft.ai/events/57614-us-china-trade-war-soybean-farmers-are-working-new-markets.md) | 0.0% | -1.5% |
| SOY | 2019-06-28 | [US-China trade tensions hurt Argentine soybean exports - Chinadaily.com.cn](https://feedsoft.ai/events/58439-us-china-trade-tensions-hurt-argentine-soybean-exports-chinadaily-com-cn.md) | -1.7% | -0.5% |
| SOY | 2018-10-04 | [China’s cut to soybean consumption ‘unrealistic’ \| The Western Producer](https://feedsoft.ai/events/62523-china-s-cut-to-soybean-consumption-unrealistic-the-western-producer.md) | -1.1% | -2.6% |
| SOY | 2025-07-11 | [China’s feed production rises, soybean meal consumption falls](https://feedsoft.ai/events/23726-china-s-feed-production-rises-soybean-meal-consumption-falls.md) | +0.9% | -4.0% |

## Sources

- chinadaily.com.cn: https://www.chinadaily.com.cn/a/201807/31/WS5b5fc451a31031a351e91211.html

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