China’s soybean “soft spot” may take a long time to solve

Recent announcements from China on increasing its soybean productions in 2022 provoked new discussions on whether the country can achieve that goal given the existing tight balance of food supply and demand. “The long-term insufficient supply for use in [animal] feed and [vegetable] oil has become part of China’s biggest food security weakness”, the state-run newspaper Economic Daily noted on Thursday. China faces a structural challenge when trying to boost its soybean and oilseeds – it creates ...

 

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