Markets
  • Corn$5.01/bu+0.1%
  • Soybeans$12.94/bu+0.1%
  • Soybean meal$356.40/US ton-0.1%
  • Soybean oil$0.6831/lb+0.0%
  • SRW wheat$6.75/bu-0.1%
  • HRW wheat$7.32/bu-0.1%
  • Live cattle$222.88/cwt+0.9%
  • Feeder cattle$334.35/cwt+1.0%
  • Lean hogs$69.38/cwt-0.5%
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Commodity Markets

China's Soybean Purchases Set to Slow as Crush Margins Turn Negative and Feed Demand Softens

China's soybean import demand is expected to ease in the coming months as private crushers face negative crush margins and weak feed demand linked to shrinking hog herds. Soybeans were excluded from tariff relief announced after the Xi-Trump summit, keeping US cargoes uncompetitive with South American supplies. Domestic inventories at Chinese crushing plants have reached a 15-year high.

4 min read