Swine industry struggles tames China’s soybean imports

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The struggles of China’s swine industry mean its soybean imports are expected to remain low in the near future, said Randy Mittelstaedt, Head of Market Insights at R.J O’Brian. “While there is long-term growth potential, at present China has to deal with low sow margins, ASF, and an energy crisis. But there is a structural shift in the industry towards large-scale commercial farming, so demand will pick up,” he said, adding that “until then, it will be a bit quiet in soybean import numbers.”