Soybean prices in the U.S. plunged to a 10-month low as a fresh bird flu outbreak in China could lead to a slump in Chinese soybean imports from the US It is expected that the outbreak would affect poultry consumption in China and prompt farmers to cull their flocks to prevent the spread of the new bird-flu strain.…Full-text article: BlackSeaGrain Apr 2013

Key point

  • China is the world’s largest soybean importer, with any drop in demand having an adverse effect on international prices

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