WOW!!! NON-GMO SOYBEAN ACREAGES UP 40% !!!!
( 98M mu to 140M mu )
More wonderful news!
CHINA MOVES NON-GMO SOYBEAN FARMED LAND UP 40% !!!!
2015 stats: PREVIOUSLY 98 Million (mu) divided by 6 = 16.33 Million acres.
2017 stats: NOW 140 Million (mu) divided by 6 = 23.33 MILLION ACRES!
ADDING 40% LAND IS ADDING SEVEN ( 7 ) MILLION HUUUGE ACRES TO NON-GMO CULTIVATION!!!!!!!
Converting area units from acre to mu
1 ac = 6.0702846336 mu
BEIJING
"China's top grain-producing provinces will pay greater subsidies to soybean farmers than corn growers as the country pushes to whittle a huge corn glut.
The nation has been overhauling its grains policy in the wake of abandoning a state stockpiling system that amassed over 250 million tonnes of corn, more than one year's consumption.
The governments of Heilongjiang and Liaoning provinces in the northeastern corn belt announced the move on subsidies in policy documents published late last week, although details on subsidy levels will be released later.
China included cutting corn acreage and lifting soybean acreage in its five-year plan issued last year. It is the world's top consumer of both commodities.
The amount of land used to grow soybeans in China will rise to 140 million mu (9.3 million hectares) by 2020, up from 98 million mu in 2015, according to the plan. --Reuters
5/17/2017
May 15, 2017 at 3:14 AM EDT
"China soy growers to receive bigger subsidies than corn producers."
ONLY FOUR DAYS AGO RECENT CHINA NON-GMO NEWS! ~ HOT OFF THE PRESS!!
NON-GMO IS THEE ONLY SOYBEANS ALLOWED TO BE CULTIVATED IN CHINA!
PS. Our good friend Nathanial should contemplate buying more Rolls Royce premium wax!
GO YSYB & GO OFFSHORE!
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AI
