China's Soybean Demand 'Surprisingly' Strong

Chinese farmers may be switching from food waste to manufactured feed for herds

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Soybean demand in China appears to be surprisingly robust despite the widespread culling of pigs due to African swine fever.

According to a report atCNBC, that may be indicating that farmers are switching from food waste to manufactured feed, according to one analyst, which could mean better-than-expected demand will persist.

Chinahas blamed the use of food waste as animal feedfor the spread of swine fever and has banned the practice in provinces that have reported outbreaks, according to Reuters.

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