Soybeans: Chinese Ministry of Agriculture lowers estimate for imports
Aug, 16, 2022 Posted by Gabriel MalheirosWeek 202233
The Chinese Ministry of Agriculture lowered its estimates for soybean imports on Friday, August 11, in the 2021/2022 harvest to 91.02 million tonnes, down 1.98 million tonnes from the previous month’s forecast.
Heavy losses from the swine industry reduced demand for soybean meal, which explains the downward review.
Imports will drop 8.8% from a year earlier, said the report by China Agricultural Supply and Demand Estimates (CASDE), which also lowered its estimates for edible oil production by 320,000 tonnes to 27.68 million tonnes.
Source: Money Times
To read the full original article, please go to: https://www.canalrural.com.br/radar/soja-ministerio-da-agricultura-chines-reduz-estimativa-para-importacao/
Related Post
-
Shipping
Jan, 06, 2023
0
CMA CGM completes Russia exit with terminal stakes sale
-
Other Cargo
Dec, 13, 2023
0
Brazilian exports of poultry genetics exports grow 54.9% in November
-
Dec, 16, 2020
0
Mango and grapes represent 32% of fruit exports in 2020
-
Ports and Terminals
Apr, 17, 2024
0
Unmanned Vessel Guará Advances Hydrographic Mapping in Brazil