ANNOUNCED AS TEMPORARYNo
In the same release, it was confirmed that soy bean farmers would see a new 'growers' subsidy' of USD 1.76/ha (CNY 173.46/ha), a change from the previous 'target subsidy' system, which tied subsidies to market prices.
While not directly comparable, in effect this is an increase in the subsidy amount, especially when compared to the lower subsidy available for corn in the region. This is, again, intended to shift producers away from corn and towards soybeans.
⚑ Please report this page in case you detect an inaccuracy in its content.