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China's Soybean Demand Remains Strong

Demand may be explained by increase in nation's poultry production

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China's appetite for soybeans to feed livestock seems to be holding remarkably strong amid reports that the nation has lost 20% to 70% of its hogs to African swine fever, reports UPI.

Several Chinese companies that produce soybean meal told Iowa farmers in China on a trade mission late last month that their production had not decreased at all since the outbreak.

But there is no denying that China is buying far more soybeans than industry experts expected.

This robust demand may be partly explained by an increase in the nation's poultry production.

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