AreaChina (Mainland)

Commodity GroupOilseeds, oils and meals

CommodityGrains, oilseeds, livestock products

Date01/05/2020

Policy CategoryConsumption and marketing

Policy InstrumentMarket regulation (COVID-19 related)

DescriptionUrged state-owned and private trading firms and food processors to step up the procurement of basic foodstuffs, in a bid to secure domestic supplies during the coronavirus pandemic.

NotesCHINA – market regulation: With a view to secure agricultural supplies during the coronavirus pandemic, the Chinese Government urged both state-owned and private trading firms and food processors to step up procurement of grains, oilseeds and livestock products. Reportedly, a possible second wave of global infections raised concerns about potential supply chains disruptions, for instance regarding the supply of soybeans and derived products from South America.