CHINA PUSHES SOY PRODUCTION AS EDIBLE OIL CONSUMPTION STRUGGLES THROUGH ECONOMIC DISRUPTION
February 26th, 2023
Food security concerns have driven China’s ministry of agriculture and rural affairs to push Chinese soy output in the past two years as growing tension with its main western trading partners – coupled with the inflationary impact of the invasion of Ukraine – has preoccupied officials at the ministry’s complex in the Tuanjiehu neighbourhood of Beijing.
They have run what agricultural analyst Darin Friedrichs, co-founder and market research director at Shanghai-based Sitonia Consulting, an agri-focused research consultancy, termed a “frenetic ...
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