Never let a crisis go to waste.
farmers to maximize China’s spring plowing season of wheat and soybeans from early April in an effort to alleviate an expected global food supply shortage caused by Russia’s latest war with Ukraine, China’s state-runBeijing’s recent edict encouraged local agriculture authorities to foment an “all-out effort to guarantee the harvest of summer wheat and expand the planting of soybeans by all means.”
The document enumerated specific goals, including the “release [of] one-time subsidies to farmers to alleviate the impact of agricultural materials’ price hikes.” “Authorities will also offer subsidies to corn, soybean and rice producers, raising the minimum purchase price of rice and wheat, as well as implementing planting subsidies to farmers who boost the crop cultivation of corn and soybeans,” according to theChina will mull over an "all-out effort" to guarantee summer wheat harvest and expand soybean plantation "by all means" amid the Russia-Ukraine conflict that threatens global food security.
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