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China's soybean crushing industry lost 20 billion yuan in 2014
In 2014, prices in China's soybean crushing industry fluctuated downward, with the entire industry profitable only in November and posting losses in all other months. Since 1996, almost all of the increase in global soybean imports has come from China. In 2014, China's soybean imports reached 71.4 million tons, accounting for 65% of global soybean imports.
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Soybean prices hit by imports, 2015 soybean planting area may shrink
In recent years, China's soybean market has been severely hit by imports. In 2014, China's total soybean imports reached 71.4 million tons, breaking through 70 million tons for the first time. In the same period, domestic soybean production was only 12.2 million tons, and import prices were even lower than domestic soybean prices, leaving domestic soybeans almost no
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In 2014, imported soybeans exceeded 71 million tons, most of them genetically modified
On the 3rd, Chen Xiwen, deputy head of the Central Rural Work Leading Group and director of its office, and Han Jun, deputy director of the office of the Central Rural Work Leading Group, interpreted the relevant circumstances of the "Several Opinions on Increasing the Intensity of Reform and Innovation and Accelerating Agricultural Modernization". Han Jun said,
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Soybean meal market remains sluggish, still a long way from emerging from the cold winter
Since January, due to the favorable bumper harvest prospects in South American soybean producing regions, global soybean supply pressure has increased significantly. In mid-January, the main US soybean contract fell below the 1000 cents/bushel integer mark and continued to decline. It is expected that US soybeans will continue to test the 900 cents/bushel support level in the future. With US soybeans remaining weak, Dalian soybean meal can hardly stay unaffected and will continue to follow US soybeans downward.
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National standard for bean sprouts to be issued soon, production and sales will have a basis to follow
Recently, the "National Food Safety Standard for Bean Sprouts (Draft)" (hereinafter referred to as the "Draft") was released for public comment. In this draft, residue limits are explicitly specified for 6-benzylaminopurine, gibberellin, sodium 4-chlorophenoxyacetate and ethylene. This also means
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Why are GM soybeans imported in such large quantities? The shortfall would require 400 million more mu of farmland
Recently, the Science Popularization Department of the China Association for Science and Technology and the Office of the Inter-Ministerial Joint Conference on the Safety Management of Agricultural Genetically Modified Organisms jointly organized experts to compile a booklet titled "Scientific Interpretation of Hot Topics of Public Concern," which provides detailed answers on hot topics of public concern such as GM organisms, PX projects, food safety, and nuclear
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The entire soybean industry still faced overall losses in October
In the 2013/2014 year, there were 17 enterprises (groups) that imported more than 1 million tons of soybeans, with total imports of 54.86 million tons, accounting for 78% of total imports. Among them, Chenxi Group had the largest soybean imports at 9.2 million tons, accounting for 13.1% of total imports; followed by Jiusan Group,
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China's soybean industry suffers an irreparable disaster
It is not an easy thing for China to feed itself: because China has 21% of the world's population but only 9% of the world's arable land. China's most fertile land depends on irrigation and is therefore vulnerable to water pollution, floods or drought. China's water resources are quite scarce
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Major scientific research push on improved corn and soybean varieties aims for substantive breakthroughs
On December 2, the Ministry of Agriculture held the launch meeting for the national major scientific research push on improved varieties. At the meeting, Vice Minister of Agriculture Yu Xinrong emphasized that the major scientific research push on improved varieties must clarify three major goals and tasks: breed and promote a batch of breakthrough new varieties, explore a new model of joint research, and
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Soybean Meal Prices Fall, Profits Slip, China's Soybean Imports Slow
Since the start of last week, soybean meal prices in Dalian, China have fallen 6.7%. This has pushed crushing margins into negative territory, ending the largely profitable pattern seen since early September. Soybean meal prices could be very weak early next year, and the pace of China's soybean imports will slow. Soybean meal prices fall
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