We are proud to share our newly revamped China Soybean Insights monthly newsletter!
There are few markets more complex and dynamic than the Chinese soybean industry; the sheer size of its economy, the complex relationship between major industry players and the government, coupled with the fact that market information and transactions are not always transparent can make it challenging to understand this market. However, given that China is the world’s largest importer of soybeans, grasping this market’s latest key trends is vital to the success of soybean farmers and traders in the US (60% of its soybean exports go to China) and beyond. Our newsletter addresses questions such as:
- How will Brazil’s bumper harvests and depreciation of the Real affect China’s soybean imports from the US?
- Why are Chinese soybean buyers interested in the ongoing Argentinian presidential election?
- Is soybean meal demand from China’s livestock industry expected to increase?
- Why are corn prices this year sluggish in China?
- At what price will China’s animal feed processors switch from using corn to barley and sorghum?
To view the October China Soybean Insights Monthly, click here
With the recent conclusion of the Trans-Pacific Partnership Agreement (TPP), Japan’s 4.2% tariff on soybean meal will be eliminated immediately, and tariffs on its soybean oil (currently as high as 13.2 yen/kg) will be phased out over the next 6 years.
Similarly, Malaysia, Vietnam, New Zealand, Brunei, and the US will also be eliminating their tariffs on soybean products. If you are interested in learning more about the impact of the TPP on agricultural products, please contact us.