China Soybean Imports to Decline by 2030 According to New Report

Photo courtesy of United Soybean Board

According to a new Rabobank report, Chinese soybean imports are set to decline by 2030 due to multiple factors. The report says that soybean imports to China will slow down and start to decline into 2030 as a result of a low-soymeal inclusion ratio in feed formulas, slower livestock production growth and improvement in farming practices. China is currently the world’s largest soybean importer, accounting for over 60% of global trade.

Read more about the new Rabobank report here: