China: soybean imports set to slide in H2 as domestic meat demand weakens

Already the world's largest soybean importer, China imported 34.2 million metric tons of the crop in the first half, mainly from the United States. That was up 24 percent year-on-year.

Soybean imports will shrink in the second half as demand declines, the result of a slowdown in meat demand and high import volumes in the first six months.