China increasing soybean production to meet demand – report

China will plant more soybean and improve yield to fill a gap between supply and demand, the Ministry of Agriculture (MOA) said.

By 2020, China will have 140 million mu (9.33 million hectares) of soybean planting areas, 40 million mu more than in 2015, and these areas will produce 135 kg of soybean per mu, 15 kg more than the current level, Xinhua news agency quoted the MOA statement as saying.

The government will invest in technology to improve yield and strengthen policy support for soybean farmers, it said.

Impacted by imports, China’s soybean production has fallen in recent years as profit margins dwindled. However, demand for the protein-rich grain is increasing.

 

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