China: Areas under soybean cultivation increse by 9.1%

01 Aug, 2017
China: Areas under soybean cultivation increse by 9.1%
According to the attache of USDA in China, in 2017 – 2018 cancellation of state support for corn producers will lead to rise in areas under soybean cultivation.

According to the forecast, in 2017 - 2018, soybean crop in China will reach 14.1 million tonnes, while areas will grow by 9.1%.

Demand for soybean in China significantly exceeds production, which will increase import by 3 million tonnes compared to 2016-2017, up to 91.5 million tonnes.