# GM Soybeans And China’s Food Security Dilemma - Jamestown

> China's Ministry of Agriculture and Rural Affairs approved 37 genetically modified corn varieties and 14 GM soybean varieties after a three-year trial. The Food Security Law, effective June 1, 2024, emphasizes domestic production and self-sufficiency.

- Date: 2024-01-19 · published 2024-01-19T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/14785-gm-soybeans-and-china-s-food-security-dilemma-jamestown
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Expanded domestic GM corn and soybean cultivation over time could reduce China's reliance on imported corn and soybeans, a long-run bearish factor for those exports.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-23 | [China's food security dream faces land, soil and water woes \| Reuters](https://feedsoft.ai/events/14750-china-s-food-security-dream-faces-land-soil-and-water-woes-reuters.md) | +1.8% | +2.4% |
| CORN | 2024-05-29 | [China's Genetically Modified Dilemma \| Asia Society](https://feedsoft.ai/events/14754-china-s-genetically-modified-dilemma-asia-society.md) | -4.5% | -5.1% |
| CORN | 2021-12-29 | [China food security: vow to boost 2022 soybean output sets stage for leap in GM seed tech 29.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/14972-china-food-security-vow-to-boost-2022-soybean-output-sets-stage-for-leap-in-gm.md) | +2.9% | +3.8% |
| CORN | 2021-04-21 | [China Seeking Alternatives to Corn and Soybean Meal \| Red River Farm Network](https://feedsoft.ai/events/47709-china-seeking-alternatives-to-corn-and-soybean-meal-red-river-farm-network.md) | +14.7% | +11.9% |
| CORN | 2022-10-28 | [BIO: Mexico's Biotech Corn Ban Will Cause Food Security Crisis \| BIO](https://feedsoft.ai/events/39112-bio-mexico-s-biotech-corn-ban-will-cause-food-security-crisis-bio.md) | -2.5% | -2.0% |
| SOY | 2024-05-23 | [China's food security dream faces land, soil and water woes \| Reuters](https://feedsoft.ai/events/14750-china-s-food-security-dream-faces-land-soil-and-water-woes-reuters.md) | -2.9% | -6.9% |
| SOY | 2023-07-26 | [What does China’s food security push mean for soybean prices? EJINSIGHT - ejinsight.com](https://feedsoft.ai/events/35026-what-does-china-s-food-security-push-mean-for-soybean-prices-ejinsight.md) | -4.5% | -10.8% |
| SOY | 2023-04-14 | [Food security drives China to cut soymeal use in animal feed \| Reuters](https://feedsoft.ai/events/14849-food-security-drives-china-to-cut-soymeal-use-in-animal-feed-reuters.md) | -0.2% | -3.8% |

## Sources

- jamestown.org: https://jamestown.org/gm-soybeans-and-chinas-food-security-dilemma/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.