AreaChina (Mainland)

Commodity GroupOilseeds, oils and meals

CommodityOilcrops

Date01/10/2018

Policy CategoryOther

Policy InstrumentForeign agricultural investment

DescriptionExplored possibilities to develop oilcrop production in the Russian Federation’s far-eastern districts, for eventual export to China.

NotesGovernment and industry officials from China and the Russian Federation discussed about possibilities to develop oilcrop production in the Federation’s far-eastern districts for eventual exportation to China. On the same subject, China’s state-owned grain trading group COFCO is continuing to expand its presence in Brazil’s Centre-west grain belt. The company’s overall annual purchases and exports of maize and soybean in Brazil are estimated to have reached 13 million tonnes.