China's annual soybean imports are expected to exceed 100 million tons for the first time! Soybean Revitalization"

China's soybean imports will soar in 2020.
customs data show that in the first 11 months of 2020, China imported 92.803 million tons of soybeans, an increase of 17.39 percent year-on-year, and is expected to import 102 million tons of soybeans for the full year, which will be the first time that China's annual soybean imports exceed 100 million tons.
" China's soybean imports in 2020 exceeded the 2017 record of 95.53 million tons, in 2018 imports of 88.03 million tons, 2019 88.51 million tons of the trend leap, possibly due to two reasons: First, the recovery of domestic pig farming and the growth of chicken consumption.
monitored by the Ministry of Agriculture and Rural Affairs, the total number of broiler chickens in 2019 increased by 13.2% year-on-year, with an increase in waterfowl.
preliminary estimates, poultry production increased by more than 15%, an increase of about 3 million tons, which is rare in previous years.
year to the end of November 2020, the national pig storage column and can breed sow storage column has been restored to the annual level of more than 90%.
is a plan for uncertainties such as the new crown outbreak.
, but there is a concern about the structure of Chinese meat consumption.
" January 12, Heilongjiang Province Food Industry Alliance Deputy Secretary-General, Heilongjiang Eight Flag Grain and Oil Co., Ltd. Deputy General Manager Wang Xiao language told the Huaxia Times reporter.
the soybean market strange, China's demand has increased in recent years, China's soybean imports ranked first in the world, soybean-producing countries will extend the olive branch to China, hoping to get a piece of the pie.
Russia is no exception.
June 2020, China and Russia signed the Development Plan on Deepening China-Russia Soybean Cooperation, which opened the market to Russian soybeans.
plan, Russia also proposed to achieve the goal of exporting 3.7 million tons of soybeans to China by 2024.
, just as China-Russia soybean cooperation was about to take a big step forward, Russia announced a 30% increase in soybean prices.
(Xinhua) -- Russia has decided to impose a 30 percent tariff on soybean exports due to rising global soybean prices, with the new tax rate set to take effect on February 1, 2021 and continue until June 30, 2021.
a 30 per cent tariff on Russia, which would mean a corresponding 30 per cent increase in the price of soybeans exported to China.
china-Russia soybean trade is developing well, with data showing that China imported 871,200 tons of soybeans from Russia in 2018, a record high; Imports in 2019 were 732,500 tonnes, a slight decrease.
even during the outbreak, China imported 490,000 tonnes of soybeans from Russia between January and August last year, up 9 per cent year-on-year.
, however, China imports less than 1 per cent of Russian soybeans, less than 1m tonnes, with minimal impact.
last year, China's pig demand was strong, driving soybean imports to record highs.
2020, China imported 92.803 million tons of soybeans, up 17.5 percent, the highest level in six consecutive months, according to official data.
" pig consumption of food, cattle and sheep consumption of forage.
the 1990s until now, a lot of capital is investing in China's pig industry, leading pigs and people to grab food and farmland.
Chinese one-fifth of the world's mouth, but consumes half of the world's pork, making it the world's largest pig farmer.
" Wang Xiao language said, developed countries have fewer people, but mainly consume beef and mutton.
2017, U.S. beef consumption was 12.05 million tons, 39 kg per capita, and China's beef consumption was 8.23 million tons, or 6 kg per capita.
China's soybean imports are expected to reach 102m tonnes last year (as yet to be announced), compared with 10m tonnes in 2000, a 10-fold increase in demand.