China: Compatible development of grain and oil to avoid conflicts over land
China
Published Jan 28, 2022
Tridge summary
Food safety is important, and edible oil safety cannot be ignored. The Spring Festival is approaching, which is the peak season of edible oil consumption. Affected by the sharp rise in international edible oil prices, domestic edible vegetable oil prices continue to run at a high level. Facing the severe and complex international economic situation, China must Take multiple measures to expand oil crops and increase the self-sufficiency rate of edible oil, but at the same time avoid competing with grain for land. The rise in domestic edible oil prices is mainly driven by cost. China's edible vegetable oil is highly dependent on foreign countries, and vegetable oil prices in domestic and foreign markets are linked. The domestic market basically follows the international market. Since the outbreak of the new crown pneumonia epidemic, international edible oil prices have continued to rise.
Original content
Food safety is important, and edible oil safety cannot be ignored. The Spring Festival is approaching, and it is the peak season for edible oil consumption. Affected by the sharp rise in international edible oil prices, domestic edible vegetable oil prices continue to run at a high level. Facing the severe and complex international economic situation, my country must Take multiple measures to expand oil crops and increase the self-sufficiency rate of edible oil, but at the same time avoid competing with grain for land. The rise in domestic edible oil prices is mainly driven by cost. my country's edible vegetable oil is highly dependent on foreign countries, and vegetable oil prices in domestic and foreign markets are highly correlated. Basically, the domestic market follows the international market. Since the outbreak of the new crown pneumonia, the international edible oil price Continue to rise. Statistics recently disclosed by the United Nations Food and Agriculture ...
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