# Expanding hog herd drives surge in China's soybean imports - Brownfield Ag News

> China's April soybean imports rose 13 percent to a record for the month, according to government data, as strong soybean meal demand fed a growing hog herd. USSEC's Jim Sutter said the U.S. has shipped about 33.5 million tons of soybeans to China this marketing year, roughly half of U.S. soybean exports. South American farmers holding back beans for higher prices pushed more purchases toward the U.S.

- Date: 2017-05-16 · published 2017-05-16T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/71005-expanding-hog-herd-drives-surge-in-china-s-soybean-imports-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Sustained Chinese hog-driven feed demand supports soybean and meal prices and keeps U.S. export flows strong. The shift of buying toward the U.S. while South America holds back supply is bullish for U.S. soy.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +2.3% | +2.3% |
| SOY | 2018-07-31 | [Soybeans surge on weather, talks with China - Brownfield Ag News](https://feedsoft.ai/events/64054-soybeans-surge-on-weather-talks-with-china-brownfield-ag-news.md) | +0.3% | -4.6% |
| SOY | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -3.3% | +3.6% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |
| SOY | 2017-09-22 | [Solid demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/68987-solid-demand-supports-soybeans-corn-brownfield-ag-news.md) | -1.2% | +1.6% |
| SBM | 2017-09-13 | [Soybeans supported by new export sale to China - Brownfield Ag News](https://feedsoft.ai/events/68860-soybeans-supported-by-new-export-sale-to-china-brownfield-ag-news.md) | +3.4% | +5.9% |
| SBM | 2018-07-31 | [Soybeans surge on weather, talks with China - Brownfield Ag News](https://feedsoft.ai/events/64054-soybeans-surge-on-weather-talks-with-china-brownfield-ag-news.md) | -1.2% | -8.3% |
| SBM | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -0.9% | -0.8% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/expanding-hog-herd-drives-surge-chinas-soybean-imports/

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