Fabri predicts that China's soybean imports will continue to grow

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[FAPRI predicts that China's soybean imports will continue to grow] according to the US Food and Agricultural Policy Research Institute (FAPRI), China's soybean imports will increase steadily in the next few years Driven by China's policies and domestic oil extraction growth, China's soybean imports will reach 9.3 million tons in 2001-02, and 16.3 million tons in 2010-11 FAPRI said that the global soybean trade volume will increase by 47.6% in the next decade With the increase of 10.2 million tons of Brazilian exports, Brazil will account for 51% of the growth of global soybean trade, while the growth of the United States and Argentina will remain the same In the next decade, the proportion of the United States in the global soybean export market will be reduced from 63% at present to 50% FAPRI predicted that the soybean R planting area in the main producing countries will increase in 2001-02, and then will decrease slightly due to the low soybean price in the next two years In 2004-05, the soybean area will increase steadily In 2010-11, under the premise that the soybean area in South America will increase by 80%, the global total area will reach 77 million hectares, and Argentina will increase from the current 9.7 million hectares to 1130 The area of Brazil will increase by 28% to 17.2 million hectares and the output will be 50 million tons [DRH] China feed industry information network BXG (author:)