Reports out of China indicate the government has decided to end its program of purchasing and storing rapeseed and rapeseed oil as a means to support farmer incomes. It plans to adopt an alternative strategy that is expected to also affect imports. China Eliminating Rapeseed Stockpiling in Favor of Subsidies Reports out of China indicate the government has decided to end its program of purchasing and storing rapeseed and rapeseed oil as a means to support farmer incomes. Instead, it plans to provide direct subsidies to farmers or processors, the same approach it used last year for soybeans and cotton. The action is being taken because it has become quite expensive for the government to hold the stocks and also make up the difference betwe...

TAGS – Soy & Oilseeds, Livestock, Biofuels, Farm Inputs, Energy, Softs, Australia