China imported the most soybeans on record in 2024 as buyers concerned about rising U.S.-China trade tensions rushed to secure U.S. supplies ahead of President-elect Donald Trump's inauguration.
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China soybean imports hit record in 2024 ahead of Trump inauguration
China accelerates efforts to boost crop yields, ensure food security
China will accelerate the breeding of new soybean and corn varieties and prioritize yield improvements for key grains and oil crops, as part of broad efforts to ensure food security, the agriculture ministry said in a statement late on Wednesday.
China rapeseed meal futures slide after Trudeau announces plans to resign
China's rapeseed meal futures fell to a three-week low on Tuesday after Canadian Prime Minister Justin Trudeau's plans to resign sparked hope that trade tensions between Beijing and Ottawa will soften.
China approves more GM crops to boost yields, ensure food security
China has approved five gene-edited crop varieties and 12 types of genetically modified (GM) soybean, corn and cotton, expanding approvals to boost high-yield crops, reduce import reliance, and ensure food security.
Top agriculture market-moving news stories of 2024
Grain and oilseed markets had their ups and downs in 2024, with wars, labour unrest, trade disputes and politics often providing more direction than the traditional supply/demand fundamentals.
China investigates beef imports as oversupply squeezes prices
China will launch an investigation into beef imports, the commerce ministry said on Friday, as the world's biggest meat importer and consumer grapples with an oversupplied market that has sent domestic prices to multi-year lows.
China plans decade-long drive to boost cereal grain consumption
China on Tuesday launched a decade-long plan to boost consumption of cereal grains and develop the industry through higher production standards, research and international cooperation as part of efforts to enhance food security.
Russian watchdog says winter wheat access to Chinese market a priority in 2025
Securing access for Russia's winter wheat and barley to the Chinese market remains a priority for the coming year, Russia's agricultural watchdog said on Tuesday, even though the market expects Russia's grain harvest and exports to fall.
China’s state importer books US soy purchases as tariff threat looms
China's Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for shipment in March and April, paying more for U.S. supplies for state reserves rather than buying cheaper Brazilian beans, two U.S. traders familiar with the deals said.
China to promote modernization of farms in pledge to stabilize grain output
China will accelerate the pace of agricultural and rural modernization and stabilize grain planting area in its quest to ensure stable and high production of grains, state media reported on Wednesday, citing an annual rural policy meeting.