China Soybean Demand Falls on Weak Margins and Tariffs
Chinese soybean imports face a decline due to sluggish animal feed demand and negative crush margins. Private processors bypass US supplies following tariff exclusions, relying instead on South American shipments and state reserves.
Xurve View
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Xurve View
China will bypass United States Soybeans cargoes for upcoming shipments, cutting purchases as domestic processing margins turn negative. Benchmark Chicago futures fell 1.5% this week amid a growing harvest. The exclusion leaves American farmers facing weak demand as commercial buyers rely on Brazil and Argentina supplies through early next year.
