China plans to increase its cereal production by 50 Mt in 2030

Grains, Cereal & Legumes

China

Market & Price Trends

Published Mar 21, 2024

Tridge summary

The Chinese State Council is aiming to boost the country's cereal production by 50 Mt by 2030 in an effort to reduce reliance on imports. The strategy includes denser planting, integrated water and fertilizer supply, strengthening the seed industry, increasing the availability of high-quality agricultural land, promoting rural grain storage, and implementing new mechanization technologies. Additionally, the Minister of Agriculture has approved 30 varieties of genetically modified corn and soybean seeds.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The Chinese State Council wants to implement a package of measures to increase national cereal production by 50 Mt by 2030 and not depend so much on imports. China is the world's largest buyer of soybeans and corn. According to official estimates, the harvest volume has recently increased for seven consecutive years. However, the plan to be introduced is expected to enhance these increases, aimed at increasing yields per unit of area thanks to denser planting and an integrated supply of water and fertilizers. The most important actions of the current plan include strengthening the seed industry, making additional high-quality land available for agriculture, promoting grain storage in rural areas, using new technologies in mechanization and development. of high-yielding varieties. Recently, China's Minister of Agriculture has approved 27 varieties of genetically modified corn seeds and 3 varieties of ...

Source: Agrodigital