The General Administration of Customs suspends soybean export qualifications from three U.S. companies to China, domestic soybeans are expected to gain the upper hand

① The General Administration of Customs announced that CHS Inc., LOUIS DREYFUS COMPANY GRAINS MERCHANDISING LLC and EGT, LLC have the qualifications to export soybeans to China.
② In 2025, the Central Committee’s No. 1 Document clearly stated that “multiple measures should be taken simultaneously to consolidate the results of soybean expansion” to promote the promotion of high-oil and high-yield soybean varieties.

The General Administration of Customs announced that recently, China customs detected ergot and soybean seed coating agents in imported U.S. soybeans. In order to protect the health of China consumers and ensure the safety of imported food, in accordance with the Food Safety Law of the People’s Republic of China and its implementation regulations, the Measures for the Supervision and Administration of Inspection and Quarantine of Import and Export Grain, and the relevant provisions of the World Trade Organization Agreement on the Implementation of Sanitary and Phytosanitary Measures, the General Administration of Customs has decided to suspend the suspension of CHS Inc., LOUIS DREYFUS COMPANY GRAINS MERCHANDISING LLC and EGT, LLC have the qualifications to export soybeans to China.

In 2025, the Central Committee’s No. 1 Document clearly stated that “multiple measures should be taken simultaneously to consolidate the results of soybean expansion”, emphasizing improving subsidy policies, expanding insurance coverage, and promoting the promotion of high-oil and high-yield soybean varieties. In recent years, my country’s soybean output has steadily increased, and the current supply situation has remained sufficient. The state continues to implement the subsidy policy for soybean producers in Inner Mongolia and the three northeastern provinces, and the soybean sown area has stabilized at more than 150 million acres for three consecutive years.

According to the Cailian theme library, among the relevant listed companies:

beidahuangIt is one of the largest listed agricultural planting companies in China. In 2024, the soybean planting area will exceed more than 14 million acres, and the measured yield per mu of multiple plots will exceed 600 kilograms.

dabeinongBreakthroughs have been made in biological breeding technology, and many insect-resistant and herbicide-tolerant soybean varieties have been cultivated.

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