중국 콩류 인사이트

State reserves of soybeans and corn are used by the Chinese central government to regulate the domestic price of both grains through public auctions in which the product is offered at values lower than market prices. This Wednesday, authorities from the Buenos Aires Grain Exchange received a delegation from the National Food and Strategic Reserves Administration of China (Nafra), headed by its director Liu Huanxin, with the aim of strengthening bilateral cooperation in grain and food trade. It is the official Chinese agency responsible for regulation, strategic planning, and management of grain reserves with the purpose of attempting to stabilize domestic prices. During the meeting, Ricardo Marra, president of the Grain Exchange, highlighted the entity's trajectory of over 171 years in the grain market and the broad opportunities to continue expanding commercial relations, emphasizing that China is the main destination for Argentina's agro-industrial exports. Ramiro Costa, ...

The soybean quotation for the current contract at CME-Group recorded a 1.55% increase last week, closing with an average of US$ 10.72 per bushel. The advance was supported by the expectation of growth in biofuel production in the United States, which could raise demand for the oilseed's crushing in the country. The information is contained in the weekly analysis by the Mato Grosso Institute of Agricultural Economics (Imea), released this Monday (23).

In April, China announced a plan to reduce soybean meal content in animal diets to 10% by 2030 compared to 13% in 2023, as the ongoing trade war with the United States intensifies Beijing's need to strengthen food security. According to China's Ministry of Agriculture, soybean meal accounted for 17.9% of animal feed in 2017. According to Reuters calculations and estimates from two analysts, if successful, China could reduce annual soybean imports by approximately 10 million metric tons, equivalent to half of its soybean purchases from the US worth $12 billion in 2024, which would lower demand from US farmers and Brazil's largest supplier. According to farmers, nutritionists, and analysts, while China's leading pig producers have reduced soybean meal usage and may achieve further reductions by using alternative protein sources, small producers are likely to face cost constraints and greater sensitivity to animal growth impacts. China contains half of the world's total pig ...