date:Nov 01, 2013
gher corn prices as well as government guarantees of minimum purchase prices.
Farmers in Northeast China can get between 9,000 yuan ($1,470) and 12,000 yuan per hectare from corn, while soybeans earn them only 7,500 yuan per hectare.
China imported 17.7 million tons of soybeans from the US in September, an increase of about 18 per cent over the same period last year.
This is a positive sign for China to import more US soybeans at the beginning of the 2013-14 market year, Mr Xiaoping said. Fro