Since last year, China has suspended temporary
purchasing and storage policies for soybeans and rapeseeds. As the largest oil
crop in China,
peanuts are the most advantage variety to improve the cooking oil self-sufficiency
rate. However, due to industrial policy, growing
area, and low mechanization level, the yield improvement space is narrow. As
the edible peanut percentage increases, peanuts for oil purpose are
substantially reduced.