China’s Soybean Demand ‘Surprisingly’ Strong
Chinese farmers may be switching from food waste to manufactured feed for herds
Soybean demand in China appears to be surprisingly robust despite the widespread culling of pigs due to African swine fever.
According to a report at CNBC, that may be indicating that farmers are switching from food waste to manufactured feed, according to one analyst, which could mean better-than-expected demand will persist.
China has blamed the use of food waste as animal feed for the spread of swine fever and has banned the practice in provinces that have reported outbreaks, according to Reuters.