1/13/2016

China 2015 soybean imports at record high on feed demand

China imported 9.12 million tonnes of soybeans in December, the second highest monthly level on record and taking total 2015 imports to a record high of 81.69 million tonnes. December soybean imports were up 6.9 percent on a year ago, while 2015 shipments rose 14.4 percent, reflecting strong demand for soymeal, a key ingredient in animal feed production.