China, the world’s top soybean consumer, faces a complex balancing act when securing supplies. With 90 per cent of market demand met by imports, Brazil and the United States remain its top suppliers, but intensifying efforts to promote self-sufficiency are seeking to reduce reliance on imports.
From price swings and quality traits to strategic roles in the market, soybeans from the three countries tell different stories about China’s quest for stability and security that can be broken down into…