World Perspectives
feed-grains soy-oilseeds

China In-Country Analysis

Oilseeds Soymeal Inventory Sees Modest Decline Since the first full week of November, China’s nationwide soymeal inventory is up 25,500 MT as demand for feed from the hog sector has softened due to the staying power of African swine fever (ASF). With domestic poultry prices experiencing levels not seen since 2016, however, there has been some rebalancing in feed demand from chicken producers. Through the end of last week, the soymeal inventory reversed course and fell 26,600 MT (-2.6 percent) to just over 1 MMT. However, it was up 363,300 MT (+57 percent) versus a year ago. Regionally, the main drivers of the week-on-week decreases were the inventory drops in Shandong and Fujian of 37,600 MT (-29 percent) to 92,000 MT and 9,000 MT (...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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