Focus on China
In the midst of a trade war with the United States, China is developing a dedicated soybean supply chain with Brazil that is specifically tailored to China’s sustainability and quality standards. The “Soy China” initiative is a customized, exclusive soybean production model to meet Chinese import needs and standards, particularly regarding environmental, social and traceability...
China soybean imports continue surge
China, the world’s largest soybean consumer, set a second straight monthly import record in July, Reuters reported, citing customs data calculations. China brought in 11.67 million tonnes of soybeans in July, data from the General Administration of Customs showed, up 18.5% from 9.85 million tonnes a year earlier, and above analysts’ expectations of 10.48 million tonnes. Wan...