Lower China soy demand, ASF or their tariffs?
Doug Werling from Bower trading on USFR thinks that the tariffs that China put on soybeans lead to rationing beanmeal (remember talk of 11% protein finishing rations a few months ago?). that all was responsible for less demand.
If cutting the protein in rations was some kind of secret holy grail in feed cost control, why doesn`t everyone do it all the time? because it doesn`t work in the long haul.
They get rolling on markets at about 10 minutes.