China's soybean imports are expected to decrease by 2030

China is currently the world's largest importer of soybeans, accounting for more than 60% of global trade, and soybean imports are mainly controlled by feed production. Future imports are primarily influenced by the outlook for feed demand and the proportion of soybean meal in feed rations. "We expect China's feed consumption to maintain low single-digit growth," said Lief Chiang, senior analyst at Rabobank's grains and oilseeds division. "However, the use of soybean meal in feed rations is forecast to decline as the Chinese government launches a soybean meal reduction campaign aimed at reducing dependence on imported soybeans for food security." Reducing the proportion of soybean meal in feed creates an opportunity for start-ups to develop new technologies and innovative ingredients. “A low soybean meal inclusion scenario will require extra use of amino acids to meet the nutritional needs of animals,” said Chenjun Pan, senior analyst at Rabobank's animal protein division. Chinese ...