China increases grain storage budget, raises production target for 2025

게시됨 2025년 3월 5일

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China has increased its annual grain output target to approximately 700 million metric tons and boosted its agricultural stockpiling budget by 6.1% to $18.12 billion. This is in response to escalating tensions with trading partners and an effort to reduce reliance on main suppliers, the United States and Brazil. The country also aims to provide more support to the livestock and dairy sectors. The adjustments are part of a strategy to enhance food security through improved farmland management, technology use, and storage facility connectivity.
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원본 콘텐츠

By Mei Mei Chu BEIJING (Reuters) - China on Wednesday raised its annual grain output target to about 700 million metric tons and increased its budget for agricultural stockpiling, while pushing for stronger measures to protect food supplies as tensions with trading partners escalate. The world’s biggest importer of agricultural products brought in more than 157 million metric tons of grains and soybeans last year, but is seeking to reduce its heavy reliance on supplies that come mainly from the United States and Brazil. Beijing increased its 2025 budget for stockpiling grains, edible oils and other materials by 6.1% from a year earlier to 131.66 billion yuan ($18.12 billion), according to an official report. It also allocated 54.05 billion yuan in subsidies for agricultural insurance premiums. The 2025 target for domestic grain production has been raised from the initial 2024 target of 650 million tonnes, following a record harvest of 706.5 million tonnes last year. “With ...

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