Reading Time: 2 minutes BEIJING/REUTERS China is not pushing to expand overseas farming and Chinese companies are less active in their investment abroad because of concerns of potential political risks, a senior Agriculture Ministry official said March 3. To meet a perennial shortfall in soybean supply, China, the world’s largest soy importer, will continue to import from major growing […] Read more
China Not Seeking Overseas Farms
State Buying And Drought Boost China Canola Imports
Reading Time: 2 minutes China is likely to buy 4-5 cargoes of Canadian canola, each month until at least May, when the domestic harvest becomes available, because of state buying and fears about a drought, traders and analysts said Feb. 10. Chinese crushers bought four or five cargoes or about 300,000 tonnes, from Canada, the largest canola exporter, in […] Read more
China buys up corn and soy
Reading Time: 2 minutes China has tripled the size of its plan to fill government reserves with domestic corn and may reopen the door to exports to support prices, traders said last month, spurring speculation that soy producers could be next up for aid. The National Development and Reform Commission approved plans to buy an additional 20 million tonnes […] Read more