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.
Below details of Chinese customs data on agricultural imports last month, and where that left full-year totals.
|Chinese imports of agricultural and related products for December and full year 2017|
|Commodity||December (tonnes)||Year-on-year change||Full year 2017 (tonnes)||Year-on-year change|