China takes a series of measures to stabilize soybean production

Published Mar 17, 2023

Tridge summary

China has announced a series of policies aimed at stabilizing soybean production, as part of its 2023 Central Document #1 that targets expanding soybean and oil crop cultivation. The policies include adjusting support for corn and soybean producers, increasing support amount, improving credit support, providing technical guidance, and speeding up soybean purchases and storage.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

BEIJING, March 17 (Xinhua) -- China has taken a number of policy measures this year to stabilize soybean production. China's Ministry of Agriculture and Rural Affairs said on Thursday that the mixed policy implemented by various departments under the coordination of the Central Rural Work Leadership Group Office covers many aspects of soybean production. According to the ministry, the country will fine-tune its support policy for corn and soybean producers and take steps to increase the total amount of support. Efforts will be made to increase credit support, provide better technical guidance and accelerate the purchase and storage of soybeans, among other measures. China ...

Source: Haberler Agri News