Accounting for more than 50% of world soybean trade, China is now confronted with the same embarrassing situation of iron ore imports, China is becoming a lost pricing power of the world’s largest soybean importer. According to the U.S. Department of Commerce statistics, 2007,2008-year growth rates of U.S. soybean exports reached 62.6%, 76.3%. China’s soybean market is under severe impact from the United States, China’s soybean industry, lurking throughout the production chain is controlled by foreign capital crisis.
United States is the world’s largest food producer, is also high subsidies for agriculture in the country. U.S. soybean exports in the world, share of world soybean exports about 40% of the total. “2002 Farm Bill,” after the commencement of production of 1 ton per U.S. soybean farmers get government subsidies, from the early 90s to 15.2 U.S. dollars, increased to 59.1 U.S. dollars in 2004.
U.S. government subsidies of soybeans to China a great impact on the soybean market. By the low price of U.S. soybeans in recent years, U.S. soybean exports to China surge, U.S. soybean exports to China has become the third largest product, second only to aircraft and semiconductors. USDA data also show that as of August 6, 2009, China’s imports of U.S. soybeans 19.8 million tons, up 44.53 percent; China, the U.S. soybean exports, imports accounted for 55 percent, compared with an increase of 12 percent over the same period last year.
China’s domestic soybean production was severely threatened. It is understood that the cost of U.S. soybeans to the port at about 3100 ~ 3200 yuan / ton, while the current domestic market price of soybeans has been maintained at 3,700 yuan / ton. Imports of U.S. soybeans by low prices, eliminate the source of soybean is facing the danger of extinction. Domestic soybean production areas around the major domestic soybean processing enterprise, began to refuse to buy domestic soybeans main producing areas, and even turned to buy imported soybean production. And large Bean oil Prices are way up, and soybean oil pricing is increasingly being controlled by multinational grain merchants.
The face of the US-led impact of imports of soybeans, China’s soybean industry market, employment opportunities and living standards of ordinary people have been affected. Data showed that only 20% of Heilongjiang Province, about to domestic soybean Raw material Processing enterprises in the start, most businesses remained shut, shutdown, or semi-shutdown state; part of the enterprise to facilitate the use of imported soybeans, is the nearest plant or leave the port in Heilongjiang Province. For this situation, not long ago to the Heilongjiang Province of the American Soybean Association, United Soybean Board, U.S. Department of Agriculture and the U.S. Embassy in China’s agriculture officials even raised the joint mission to give up the oil extraction in Heilongjiang Province, focus on the development Food Soybean this absurd proposal.
Soybean industry is a very long chain industry, involving the production, oil processing, food processing, aquaculture, Medicine , And chemical fiber industries. China has 100 million population is dependent on soybean production, involving 60 million soybean farmers and processing companies nearly a million workers employed. Soybean oil extraction industry to give up giving up a great many economic benefits and employment opportunities, and gave up China’s grain security. This is the last two years, people of insight on the Development of China’s soybean industry, the underlying causes of anxiety. Those who advocate relying on domestic demand, imports of soybeans to resolve the idea of the gap, simply from international trade theory of comparative advantage of the problem, ignore the “self to self” importance.
In the global international trade, absolute advantage theory, theory of comparative advantage, and even natural resources theory, are to maximize their strengths to address the shortcomings of the international trading industry. China has 1.5 million mu of land suitable for planting soybeans, but also the most soybean varieties in rich countries, with 90% of the wild soybean resources, suitable for consumption, processing more than 3500 kinds of soybean cultivars. Have such a natural advantage, why our country self-sufficiency rate of soybean products, total less than 1 / 3 of it. In my opinion, the root of the problem lies in the years that we did not really attach importance to safeguard the food supply of the total balance.
The face of the impact of U.S. soybeans, we must take to improve road, efforts to restore and revitalize the soybean industry’s overall production.
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