1、 THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.GOVERNMENT POLICY Required Report:Required-Public Distribution Date:March 19,2025 Report Number:CH2025-0055 Report Name:Oilseeds and Products Annual Country:China-Peoples
2、 Republic of Post:Beijing Report Category:Oilseeds and Products Prepared By:FAS China Staff,Ben Boroughs Approved By:Adam Branson Report Highlights:Post forecasts MY 25/26 China soybean production at 19.8 million metric tons(MMT)and imports at 106 MMT.The production forecast is down slightly from MY
3、 24/25 and the import forecast is up 2 percent year over year.Post projects a slowing rate of growth in soybean demand as Chinese consumers shift from pork to more feed efficient protein sources like poultry and aquatic products.In recent weeks Beijing has placed retaliatory tariffs on U.S.soybeans
4、and Canadian canola meal and oil.Post estimates MY 24/25 import demand for most oilseeds and products will fall below the average of recent years owing to strong domestic oilseed crop production and continued economic headwinds facing the economy.Background and Executive Summary FAS China provides t
5、his analysis and reporting as a service to the United States agricultural community,and to our farmers,ranchers,and rural communities in support of a worldwide agricultural information system and a level playing field for U.S.agriculture.Chinas economy continues to face some economic headwinds and s
6、lower growth.Post revised downward or held steady many of its estimates for Chinas imports of oilseeds and products for MY 24/25 with an expected return to higher levels of economic output and import growth in MY 25/26.In recent weeks China has imposed retaliatory tariffs on U.S.soybeans and Canadia