AreaChina (Mainland)

Commodity GroupOilseeds, oils and meals

CommoditySoybean, grains

Date01/06/2021

Policy CategoryProduction

Policy InstrumentFarmer support

DescriptionInformed that, in Heilongjiang province, producer subsidies for maize, soybeans and rice would reach farmers by end-August, i.e. one month earlier than customary. For soybeans, the subsidy was set at CNY 248 per mu (USD 577 per ha), which compared to CNY 238 per mu (USD 554 per ha) in 2020.

NotesCHINA – agricultural policy – regular production subsidies: In Heilongjiang province, a key grain-producing region that supplies food staples to other provinces, producer subsidies for maize, soybeans and rice are set to reach farmers by end-August, i.e. one month earlier than usual, according to official sources. Reportedly, the per-hectare subsidy for maize will be raised, while that for soybeans will remain unchanged from last year’s level.