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- (-) Oilseeds
- (-) November 2023
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Strong exports from Brazil pushed China to a record 100.85 million metric tons (MMT) of soybeans imports in marketing year (MY) 22/23. Imports are forecast to reach similar levels in MY 23/24 on sustained demand from the feed sector.
Pursuant to General Administration of Customs of the People’s Republic of China (GACC) Decree 177 of 2016, all overseas production, processing and storage enterprises are required to register with GACC prior to exporting “grains” including soybeans, corn, wheat, barley, sorghum, and oats – including edible grains.