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Tuesday, March 12, 2024
China's soybean imports hit five-year low in January-February period
China's soybean imports for the first two months of the year totalled 13.04 million metric tonnes, marking the lowest volume for the period in five years, according to customs data, Reuters reported.
Thursday, February 1, 2024
Chicago soybean futures hit two-year low amid supply glut, China demand concerns
Chicago soybean futures experienced a significant downturn, plunging to a two-year low below US$12 a bushel due to improved supply expectations from South America and growing concerns about demand from China, Nasdaq reported.
Monday, January 29, 2024
China achieves record soybean output
China has reported a historic soybean output of 20.84 million tonnes in 2023, marking a significant milestone, as revealed by the country's Ministry of Agriculture and Rural Affairs, Xinhua reported.
Friday, January 26, 2024
China expands arable land for soybean cultivation to boost food security
In a significant move toward enhancing food security and reducing reliance on global grain imports, China announced substantial progress in expanding the cultivation of arable land for soybeans and oil crops, including rapeseed, China Daily ...
Wednesday, January 24, 2024
China's soybean imports from Brazil surge in 2023, US market share declines
China saw a surge of 29% in soybean imports from Brazil in 2023, according to customs data, solidifying the South American nation's dominance in the world's largest soybean market and eroding United States market share, European Supermarket ...
Wednesday, January 24, 2024
Several gene-edited soybean, corn varieties approved by China
China has approved several gene-edited soybean and corn varieties, the country's agriculture ministry said on January 18.
Tuesday, January 23, 2024
USDA confirms 297,000 metric tonnes of soybean sales to China
The US Department of Agriculture (USDA) has officially confirmed private sales of 297,000 metric tonnes of US soybeans to China, the first soybean sales under the USDA's daily reporting rules since December 19, 2023 and notably, the first t ...
Monday, January 15, 2024
China's December 2023 soybean imports dropped 6.9% year-on-year
China imported 9.82 million metric tonnes of soybeans in December last year.
Thursday, December 28, 2023
China grants licences to 26 companies for commercial production of GMO corn and soybeans
China has granted licenses to 26 domestic seed companies, allowing them to produce, distribute, and sell genetically modified corn and soybean seeds in specific provinces, a pivotal step toward the commercial planting of genetically modifie ...
Wednesday, December 27, 2023
China's demand for soybean feed expected to drop by 9.1 million tonnes this year
China's agriculture ministry has projected that the country's demand for soybeans used as animal feed may drop by 9.1 million tonnes for the whole year of 2023 thanks to the country's efforts to reduce and substitute the use of soybean meal ...
Tuesday, December 12, 2023
China approves 51 GM corn and soybean varieties for commercial production
Chinese authorities have granted approval for the commercial production of 51 genetically modified (GM) corn and soybean varieties, following a three-year trial period during which these crops were planted in selected regions across the cou ...
Wednesday, November 22, 2023
China's soybean imports from Brazil surge 71% in October
China witnessed a substantial 71% surge in soybean imports from Brazil in October compared to the same period last year, fuelled by the allure of more affordable prices resulting from a robust crop in the South American nation, Nasdaq repor ...
Tuesday, November 14, 2023
China's COFCO in agreement to obtain soybeans from areas with sustainable production in Brazil
China's state-run food group COFCO International and Modern Farming Group, which makes milk products, have signed an agreement "to supply and accept soybeans" coming from sustainable areas of production in Brazil.
Thursday, November 9, 2023
China makes biggest one-day purchases of US soybean in three months
China booked its largest single-day US soybean purchases in at least three months on November 7, traders said, offering a glimmer of hope for the most valuable US farm export after overseas sales of the 2023 harvest had fallen well behind t ...
Monday, November 6, 2023
China's soybean imports set to reach record high in 2023
China's soybean imports are expected to maintain their high levels throughout the fourth quarter, pushing the total for 2023 to a new all-time record, but lacklustre demand from unprofitable swine farms is anticipated to reduce purchases ea ...
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