Chinese demand for Soybean is increasing over the years at a rapid pace. Soybeans are used to make everything from animal feed to cooking oil, Soy sauce and tofu. Since 2005, China's import have more than tripled, and now it buys more than 60% of the world's exports. The demand is primarily driven by its livestock sector as a growing middle class consumes more meat.
Information source: www.skymetweather.com