China Seeks Options to Increase Agricultural Output China finds it increasingly challenging for its agricultural sector to meet the food demand that is driven by growing population and rapid urbanization. Boosting agricultural production has again been put at the top of the new administration's agenda after Chinese Premier Li Keqiang's recent trip in early November to Heilongjiang, a northern province known as the nation's breadbasket. Suggested areas to examine are:
Land reform: Chinese leaders are advocating rural land reform to facilitate agricultural modernization. Currently, most of China's rural area is rife with small plots where farming practices are still tradition-based. China will promote large-scale planting by joint la...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...