China: Oilseeds and Products Annual
Link to report:
Post forecasts MY 25/26 China soybean production at 19.8 million metric tons (MMT) and imports at 106 MMT. The production forecast is down slightly from MY 24/25 and the import forecast is up 2 percent year over year. Post projects a slowing rate of growth in soybean demand as Chinese consumers shift from pork to more feed efficient protein sources like poultry and aquatic products. In recent weeks Beijing has placed retaliatory tariffs on U.S. soybeans and Canadian canola meal and oil. Post estimates MY 24/25 import demand for most oilseeds and products will fall below the average of recent years owing to strong domestic oilseed crop production and continued economic headwinds facing the economy.
