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China's agriculture ministry issued a three-year action plan to reduce soymeal use in animal feed. The plan targets soymeal ratios below 13% by 2025, down from 14.5% in 2022.
The aim is to cut reliance on soybean imports for food security.
Lower soymeal inclusion in Chinese feed reduces the country's demand for soybeans and soybean meal, which is bearish for global soy complex prices. Feed buyers should expect less Chinese demand for imported meal over time.
在过去 223 次看跌的政策事件之后,豆粕 在 5 个交易日内中位数变动 -0.3%(45% 上涨;中间一半区间为 -2.2% 至 +1.2%),20 个交易日内为 -0.6%。
在过去 369 次看跌的政策事件之后,大豆 在 5 个交易日内中位数变动 -0.2%(46% 上涨;中间一半区间为 -1.7% 至 +1.8%),20 个交易日内为 +0.8%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。