"Government soybean policy only encourages production, with no solution for consumption"

Concerns of Overproduction of Soybeans Materialize Policy Fluctuations...Agricultural Households' Anxiety Intensifies The price gap between domestic and imported soybeans has widened up to four times due to the low-priced supply of TRQ imported soybeans, leading to the failure of processed and food service market entry. The government has been promoting a policy to expand production by encouraging the cultivation of rice beans with the goal of achieving a 45% self-sufficiency rate of soybeans by 2030. However, it has been pointed out that there was a lack of follow-up measures such as expanding processing and consumption. As a result, concerns of soybean overproduction have materialized, leading to criticism that policy consistency is being shaken and directly impacting the production site. This issue was raised intensively at the "Policy Discussion Meeting for Overcoming the Confusion of Soybean Industry Policy and Seeking Solutions," held at the National Assembly Building on ...