date:Mar 14, 2014
e trading house.
Rising incomes have led to growing demand for protein in China, which is determined to strengthen its overseas procurement network as well as find new sources of food, as well as soybean meal and corn to feed livestock.
Chinese soybean imports are expected to rise more than 15 percent to 69 million tonnes in 2013/14, according to the U.S. Department of Agriculture, with shipments of corn likely to nearly double to 5 million tonnes.
In a bid to capitalise on such demand, Marub