Topic
As food prices rise globally and war rages between two of the world’s biggest grain suppliers, Beijing is intent on doing what it must to secure adequate food for the most populous country.
Bottleneck comes amid record high fertiliser prices, driven up by strong global demand, high energy costs and sanctions on major producers Russia and Belarus
From the loss of fertile land to tumbling soybean output, China faces a number of challenges when it comes to ensuring food security.
With an eye on increasing China’s self-sufficiency in grain production, its minister of agriculture and rural affairs has sounded the alarm on risks to its wheat output while calling for greater soybean harvests.
Food-security concerns prompt action to boost production of the essential oilseed, as demand is expected to continue growing, forcing China to heavily rely on imported soybeans to feed people and livestock.
Rapid hog restocking following African swine fever and a post-coronavirus resurgence in the food-service industry are combining to dramatically push up demand for soybeans in China.