Can China avoid importing U.S. soybeans?
There are two schools of thought regarding the need for China to import at least a modest amount of soybeans from the United States this winter. One says China will need to import nearly 10 million metric tons (mmt), if not more. The other side believes China won’t need to import any U.S. soybeans.
Not surprising, the latter idea is voiced more in China than anywhere else.
A number of analysts, mostly in China, argue that protein meal needs lost from the absence/reduction of soybean imports from the U.S. can be made up from imports of other oilseeds...