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Soybean yield in Amur Oblast of Russia sets a new record with expanded volume of exports to China

Pubtime:2017-12-18Author:Source: Hits:

According to the local media report in Amur Oblast of Russia, the soybean yield in such region set a new record this year. The total soybean yield in 2017 reached up to 1.3 million tons, which is 300 thousand tons more than the record in 2015.

It is reported that the soybean sowing area in such state has increased by more than 20% in four years, which is related to the following two factors: The improved soybean processing capacity drives the domestic consumption growth; the volume of exports to China of such crop is expanded.

The volume of Russian soybean exports to China set a new record this year, increasing to 74,7 thousand tons compared to 15 thousand tons in 2016. The volume of Russian soybean exports to China accounted for 91% of the total export volume.