Area
China (Mainland)
Commodity Group
Oilseeds, oils and meals
Commodity
Soybeans
Date
01/08/2019
Policy Category
Production
Policy Instrument
Production support
Description
Lowered the subsidies offered to soybean growers in the countrys key soybean growing province Heilongjiang driven by concerns over larger than desired cuts in maize production.
Notes
According to local media, for the current crop year, the subsidy offered to soybean growers in the countrys key growing province Heilongjiang will amount to CNY 270 per mu (USD 573 per ha), including a payment provided for planting soybeans instead of maize which compares to CNY 320 per mu (USD 680 per ha) granted last year.
