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48 million tons of soybeans from Brazil in June 2021, an increase of 14% from the 9.
23 million tons in May, which is also the second highest in history.
Because China's pig industry has recovered from the epidemic , it continues to support soybean import demand .
However, compared with the record import volume of 10.
51 million tons in the same period last year, soybean imports in June declined slightly because of the meager crushing profits, which curbed some import demand
.
On Monday, the Shandong crushing plant will lose 339 yuan for every ton of soybeans crushed
.
With the price of pork falling, the profit of pig farming has decreased, which has reduced the demand for soybean meal
.
51 million tons in the same period last year, soybean imports in June declined slightly because of the meager crushing profits, which curbed some import demand
.
On Monday, the Shandong crushing plant will lose 339 yuan for every ton of soybeans crushed
.
With the price of pork falling, the profit of pig farming has decreased, which has reduced the demand for soybean meal
.
China imported 54,806 tons of soybeans from the United States in June, down 80% from the 267,553 tons in the same month last year
.
.
It is currently the off-season for US exports to China, because the supply of American aging beans is tight, and Brazilian soybeans are at the peak of the market
.
The fourth quarter of each year is the peak period of soybean exports in the United States, because by then the new beans are already on the market
.
However, this year's poor profits from China's soybean crush may also continue to affect import demand
.
.
The fourth quarter of each year is the peak period of soybean exports in the United States, because by then the new beans are already on the market
.
However, this year's poor profits from China's soybean crush may also continue to affect import demand
.
