China became a net food importer in cash terms in the first half of this year as a result of rising food prices, Reuters reported. Price hikes for staples such as grain and soybeans were a m... Read more
COFCO will join with Japanese trading firm Itochu to buy grain and other agricultural commodities in global markets, the Financial Times reported. The state-owned food processing group will... Read more
China’s State Council said genetically modified (GM) crops must be developed more quickly in order to ensure food supplies in the face of reduced arable land and climate change, AFP re... Read more
A proposal by China’s Ministry of Agriculture will encourage Chinese companies to buy farmland abroad, especially in Africa and South America, to help guarantee food security, the Fina... Read more
Export taxes on fertilizer and some related raw materials export taxes will be raised by up to 100 percentage points, Bloomberg reported. The Ministry of Finance said the new tax rates will... Read more
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