Imported soybean processors, skimming off only the cream

Repeated demands for increased supply amid shortages Economic newspapers join in pressuring the government Groaning over the talk of expanding domestic soybean consumption "Expanding domestic soybean consumption, is that someone else's business? It seems like farmers are only thinking about surviving, no matter what." In response to requests from imported soybean processors for increased imports, the government announced on October 27 an additional increase of 10,000 tons in the Low-Rate Tariff Quota (TRQ). Despite the government's stance that there would be no additional increases beyond the basic TRQ amount of 250,000 tons and its call for cooperation in expanding domestic soybean consumption, its position ultimately could not be upheld. This has been criticized on the production front as a measure that dampens the mood of improving the domestic soybean self-sufficiency rate, with the arrow pointed at the imported soybean processing industry. Particularly, there is a cold ...