China 's Ministry of Agriculture and Rural Affairs has said it will increase soyabean plantings, targeting a reduction in import volumes for 2018-2019 , despite agreeing to increase China imports of the oilseed. The volume of imported soybeans in the first quarter will be decreased, and China's soybean imports for the full year of 2018/19 are expected to be 83.65 million tons, lower than the previous year, according to a Monday statement on agri.cn. Estimates suggest China will import less of the commodity than the year before with 83.65 million tons of soyabeans forecast for 2018-2019 . In Q1 2019 alone, the country imported 7.38 million tons , a nearly 30 percent increase from the month before , but below 83.65 million tons imported the previous year .
China 's Ministry of Agriculture and Rural Affairs has said it will increase soyabean plantings, targeting a reduction in import volumes for 2018-2019 , despite agreeing to increase China imports of the oilseed. Estimates suggest China will import less of the commodity than the year before with 83.65 million tons of soyabeans forecast for 2018-2019 . In Q1 2019 alone, the country imported 7.38 million tons , a nearly 30 percent increase from the month before , but below 83.65 million tons imported the previous year .