China’s dependence on soybean imports to increase

china’s dependence on soybean imports to increase

China’s dependence on soybean imports to increase

While China was forecast to steadily increase production of principal grains such as wheat and corn in the next five years, the trends were lower for rice and especially soybeans, according to projections contained in the International Grains Council’s (IGC) “Five-Year Global Supply and Demand Projections” issued on Dec. 10. In the case of soybeans, lower domestic production will make China even more dependent on imports

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