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MY15/16 soybean imports are forecast at 79 million tons, slightly higher than the previous year.

China is the second largest market for planting seeds after the United States. It is self-sufficient in planting seeds for grains, but imports some grass, vegetable, and fruit seeds.

Over the past decade, the United States' agricultural exports to China have risen sharply, propelling China into its position as the fastest-growing and highest-value export destination...

On September 4, 2015, China notified the WTO of the National Food Safety Standard on Edible Soybean Meal, issued by the National Health and Family Planning Commission (NHFPC), as SPS/N/CHN/991.

On September 4, 2015, China notified the WTO of the National Food Safety Standard on Edible Vegetable Oil, issued by the National Health and Family Planning Commission (NHFPC), as SPS/N/CHN/997.

In addition to China’s growing demand for oilseed products, the low price of soybeans is expected to push China’s soybean imports to exceed 76 million tons in MY14/15, up from the 70.4 million tons...

The low price of soybeans is expected to push China’s soybean imports to a record 76 million tons in MY14/15, up from the 70.4 million tons in the previous year.

Driven by growing demand for animal products, China’s soybean imports are estimated to hit a record 74 million tons in MY14/15, and continue to surge to a forecast 77.5 million tons in MY15/16.

Post’s June forecast for MY15/16 total domestic oilseed production is 3.26 million tons lower than the estimated 57 million tons in MY14/15.

Post’s lowered the May forecast for MY15/16 total domestic oilseed production by 3.26 million tons from an estimated 57 million tons in MY14/15.

China continued to dominate the global oilseeds market in MY13/14, especially in soybeans where it took 65 percent of total world exports, and 30 percent of total U.S. soybean production.

On December 31, 2014, China’s National Health and Family Planning Commission (NHFPC) published its final rule, the National Food Safety Standard on Nut and Seed Food (GB 19300-2014).