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China's soybean production swells

(Monday, April 7, 2003 -- CropChoice news) -- Foreign Agriculture Service: China's soy bean production meets the world market China has increased its soy production by 6 percent from last year's crop to a record 16.4 million tons in 2002/03, according to new estimates by the U.S. Foreign Agricultural Service. These numbers represent an increase of 59 percent from just 10 years ago.

According to the authors China has also made progress in modernizing and making its agriculture production more efficient. Other changes have taken place in the area of land management and land ownership. Those changes have led to higher yields on better lands, abandoning of marginal lands and private land ownership arrangements.

Some of China's progress in addressing the inefficiency of its agricultural sector results from its adjustment pressures after joining the World Trade Organization in 2001, which requires more foreign market access to Chinese markets and limits subsidies to China's agriculture producers. Link: