China’s grain supply won’t be affected by a loss of U.S. feed grain and oilseed imports, thanks to abundantly available substitutes on the global market and sufficient reserves at home, a top official from the country’s state planner told reporters on Monday. 

 

The world’s top buyer of soybeans is set to receive a mammoth amount of the oilseed from South America in the second quarter, easing a supply shortage and helping to further cool animal feed prices. 

 

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