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Chinese Hog Herd Shrinking, Pressures Grain Markets

Traders concerned Chinese soybean imports could be lower than expected this year

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Soybeans suffering losses again this week as concern grows about China and the massive outbreak of African Swine Fever in that country.

According to a report at AgPro, traders are now concerned that Chinese soybean imports could be lower than expected this year.

China's Agriculture Ministry saying more than 80% of hog farmers aren't planning to restock their herds.

An official at the China Vegetable Oil Industry Association projected China's soy imports could drop to 85 million tons.

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