ASF drives Chinese soy meal consumption to 4-year low

ASF drives Chinese soy meal consumption to 4-year low

Joanna Atkinson | Freeimages.com

Feed demand is down, but pork industry profits likely to soar, USDA says

A dramatic, seven-month decline in the size of China’s pig herd, driven by African swine fever (ASF), has caused Chinese soybean meal consumption to drop to a four-year low, according to a September 4 report from the U.S. Department of Agriculture (USDA).