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Infographic: China's African Swine Flu crisis and the global soybean trade

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Infographic: China's African Swine Flu crisis and the global soybean trade

  • Author
  • Asim Anand    Rohan Somwanshi
  • Commodity
  • Agriculture

Singapore — China, the world's largest soybean buyer, has seen its pig population ravaged by African Swine Fever. China mostly uses soybean for crushing it into high-protein pig feed.

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S&P Global Platts Analytics estimates that ASF could cut China's soybean imports in 2018-19 to 80 million mt, down 15% year on year and the first major year-on-year decline seen in many years. Analysts say the repercussions of ASF could last longer, which may keep China's soybean demand lower than previous levels.

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