China's agriculture imports for December, and full-year 2017

26.01.2018

Last year was not a big one for Chinese imports of distillers’ grains (DDGs), ethanol and sugar - as might be expected, given that they were the subject of tightened import restrictions.

However, some other feed sources fared better, making up for the fall-off in supplies of DDGs, with buy-ins of the likes of barley, fishmeal and rapeseed meal showing strong growth - before factoring in the jump in China’s own production of soymeal, backed by growth in soybean imports to a fresh record high.

And corn imports enjoyed a strong finish to the year, amid a late-year jump in domestic prices (which has largely reversed this month)

Trade in vegetable oils, used largely in human consumption, fared less well.


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