Bunge: China's herd of pigs is building up faster than expected

The international agricultural trade group Bunge announced today in its annual press conference that the demand for protein-containing feed from the world market is increasing in China because new and very large pig fattening farms can build up their herds faster than previously expected.
For example, more soybeans are currently being imported, but also more soybean meal. The wages for oilseeds are currently particularly high.
Bunge expects $ 100 million more profit in 2020 than in the previous year.

Hansa Terminhandel GmbH
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