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    Home > Food News > Food Articles > U.S. Department of Agriculture lowers China's soybean import forecast for this year and next

    U.S. Department of Agriculture lowers China's soybean import forecast for this year and next

    • Last Update: 2021-08-01
    • Source: Internet
    • Author: User
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    News from Washington, July 12: The U.
    S.
    Department of Agriculture released its July supply and demand report on Monday.
    It is estimated that China's soybean imports in 2020/21 (October to September of the following year) are expected to be 98 million tons, which is lower than the 100 million tons predicted in June.
    , A decrease of 0.
    53% from 98.
    53 million tons in the previous year
    .
     
    China's soybean imports in 2021/22 are expected to be 120 million tons, lower than the 130 million tons predicted in June and an increase of 5.
    10% year-on-year
    .

    China's soybean imports
     
    China's soybean imports in 2021/22 are expected to be 120 million tons, lower than the 130 million tons predicted in June and an increase of 5.
    10% year-on-year
    .
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