Markets and trade
 

Detail

Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans
Date
01/03/2018
Policy Category
Trade
Policy Instrument
Trade standards
Description
Assessed the impact of recently revised import standard for raw, unprocessed soybeans from the United States.
Notes
On 1 January 2018, stricter standards for imports of raw, unprocessed soybeans from the United States have taken effect (see MPPU Jan.’18). Under the new procedure, USDA’s Animal and Plant Health Inspection service is expected to notify China when a shipment exceeds 1% of foreign material. All US soy consignments, including those exceeding the threshold, will be allowed to enter the country while the U.S. sets up procedures to meet the new requirement. However, the new rules could entail additional processing at Chinese ports to remove impurities, hence raising total shipment costs. In February, USDA issued guidelines for US growers and exporters on how to reduce weed presence in soybean consignments by adopting a set of strict production and handling practices.