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An NDSU column notes that Chinese grain consumption has fallen 50 percent since the 1980s while meat consumption has risen sharply in urban and rural areas. The growth in meat output has relied on domestic and imported soybeans and feedstuffs.
Long-run growth in Chinese meat demand sustains structural import demand for soybeans and feed ingredients, a supportive background factor for feed prices.
ag.ndsu.eduSep 19, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
