Bird flu hits China's poultry consumption and soybeans market
date:Apr 25, 2013
beans are crushed to make soymeal, which is used with corn to make animal feed.

A decline in soybean imports by China, which buys close to a quarter of the world's soy production, is likely to be bearish for Chicago Board of Trade prices. However, benchmark prices have notched their biggest two-week gain since early September, driven by tight old-crop supplies in the United States.

Bird flu fears could also reduce China's corn imports, which are expected to climb to a record 6-7 million tonnes
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