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Infographic: China’s soybean demand set for record levels

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Infographic: China’s soybean demand set for record levels

The soybean market may be worried about Chinese crushers' negative margins and a slowdown in operations caused by power rationing. But a strong hog herd recovery in 2021 and 2022 and further consolidation in the sector is expected to keep soybean demand and imports strong. S&P Global Platts Analytics expects soybean imports to rise to record levels this year and next.

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China's soybean demand set for record levels