Demand drives China's soybean imports
date:Nov 01, 2013
desire to improve the nation's diet by raising the consumption of pork, poultry, eggs and vegetable oil have pushed China to become the world's largest importer and consumer.

To further meet domestic demand, China National Cereals, Oils and Foodstuffs Corp, China Grain Reserves Corp and Chinatex Corp signed a number of deals with US grain traders Archer Daniels Midland Co, Bunge Ltd and Columbia Grain to import 4.83 million tons of their soybeans in late September. Those beans will ship to Chin
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