China’s agriculture ministry issued a three-year action plan to reduce soymeal use in animal feed as it continues to try to reduce its heavy reliance on soybean imports. The new plan proposes that soymeal ratios in animal feed should be reduced to under 13 per cent by 2025, down from 14.5 per cent in 2022. Authorities in the world’s top soybean importer already issued guidelines in 2021 to its animal feed industry recommending lower soymeal ratios. The new plan would “guide the feed industry to reduce the amount of soybean…
China to cut Soymeal use in Animal Feed
