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According to the latest report released by Commerzbank, China's soybean imports in June are expected to remain high
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
According to Chinese customs data, China's soybean imports in May this year were 9.
61 million tons, an increase of 2.
5% year-on-year
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
Commerzbank analyst Mikela Kuhler said that May and June were characterized by high soybean imports because a large amount of soybeans arrived at Chinese ports from Brazil
.
Brazil is currently China's most important supplier
Mikel said that China's soybean imports in the first five months of this year reached 38.
23 million tons, a year-on-year increase of 12.
8%
.
Part of the reason is that Chinese pig production is recovering from the impact of the African swine fever epidemic, although the new swine fever epidemic continues to cause uncertainty
Taking into account the recovery of China's live pig production, China's meat import demand is declining
.
Although China's meat imports have increased by 12% so far this year, China Customs said that meat imports in May fell by 3.
Brazilian soybean exports continued to heat up at the beginning of this month
.
Preliminary data released by the Brazilian Ministry of Economy show that in the first week of June (only three working days), Brazilian soybean exports reached 2.
Consulting agency Safras&Merado predicts that Brazil’s soybean exports in 2021 will be 86 million tons, which will set a new historical record
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
According to the latest report released by Commerzbank, China's soybean imports in June are expected to remain high
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
According to Chinese customs data, China's soybean imports in May this year were 9.
61 million tons, an increase of 2.
5% year-on-year
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
Commerzbank analyst Mikela Kuhler said that May and June were characterized by high soybean imports because a large amount of soybeans arrived at Chinese ports from Brazil
.
Brazil is currently China's most important supplier
Mikel said that China's soybean imports in the first five months of this year reached 38.
23 million tons, a year-on-year increase of 12.
8%
.
Part of the reason is that Chinese pig production is recovering from the impact of the African swine fever epidemic, although the new swine fever epidemic continues to cause uncertainty
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
Taking into account the recovery of China's live pig production, China's meat import demand is declining
.
Although China's meat imports have increased by 12% so far this year, China Customs said that meat imports in May fell by 3.
3% year-on-year
.
Since the beginning of this year, China's domestic pork prices have fallen by more than half
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
Brazilian soybean exports continued to heat up at the beginning of this month
.
Preliminary data released by the Brazilian Ministry of Economy show that in the first week of June (only three working days), Brazilian soybean exports reached 2.
4 million tons
.
People want to know whether the soybean export volume in June set a new historical monthly record, as in April and May, because the average daily sales volume in early June was still high, reaching 824,700 tons
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
Consulting agency Safras&Merado predicts that Brazil’s soybean exports in 2021 will be 86 million tons, which will set a new historical record
.
Eif China Feed Industry Information Network-Based on feed, serving animal husbandry
