top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.


Bumper Soybean Harvest in China Sparks Fear of Cuts to State Buying

China’s soybean farmers are on pace to harvest the country’s largest crop in six year, sparking a price drop to the lowest point in 18 months, and concern that the government will either restrict or suspend state purchases at some warehouses.

China’s soybean output is expected to top 14.4 million tons this year - an increase of 11 percent year-on-year, marking it the biggest output since the 2011/12 season, according to U.S. government data.

Pressure is high as warehouses are already to capacity while demand is not as strong as expected since the new crop began to reach the market in September. Recognizing that warehouses were filling up, Sinograin - the state-run entity that oversees the crop purchase rotation system - announced that it had increased the number of warehouses open for soybean purchases.

Exacerbating the problem is the fact that Beijing has increased subsidies this season in order to entice farmers to switch from corn to soy as a means of mitigating the country’s oversupply of corn.

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image


Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration:

bottom of page