# China food security: vow to boost 2022 soybean output sets stage for leap in GM seed tech 29.12.2021 - UkrAgroConsult

> China's leadership set a 2022 grain output target of at least 650 million tonnes and pledged to expand soybean and oil crop production while stabilising corn output. Analysts expect the push to accelerate GM seed approvals.

- Date: 2021-12-29 · published 2021-12-29T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/14972-china-food-security-vow-to-boost-2022-soybean-output-sets-stage-for-leap-in-gm
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher domestic soybean and corn output would reduce China's import needs over time, which is bearish for global soybean and corn demand, although the effect will take years to materialise.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-21 | [China to reduce soy in animal diets 21.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/43576-china-to-reduce-soy-in-animal-diets-21-12-2021-ukragroconsult.md) | +5.2% | +7.7% |
| 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% |
| SOY | 2024-01-19 | [GM Soybeans And China’s Food Security Dilemma - Jamestown](https://feedsoft.ai/events/14785-gm-soybeans-and-china-s-food-security-dilemma-jamestown.md) | +0.8% | -4.2% |
| SOY | 2025-05-06 | [China cuts need for feed seed as food security campaign ramps up \| South China Morning Post](https://feedsoft.ai/events/24651-china-cuts-need-for-feed-seed-as-food-security-campaign-ramps-up-south-china.md) | +2.7% | +0.3% |
| SOY | 2022-09-22 | [China to Cut Soybean Meal in Livestock Feed \| Feed & Grain](https://feedsoft.ai/events/39574-china-to-cut-soybean-meal-in-livestock-feed-feed-and-grain.md) | -3.6% | -6.1% |
| CORN | 2021-12-21 | [China to reduce soy in animal diets 21.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/43576-china-to-reduce-soy-in-animal-diets-21-12-2021-ukragroconsult.md) | +1.4% | +3.1% |
| CORN | 2024-01-19 | [GM Soybeans And China’s Food Security Dilemma - Jamestown](https://feedsoft.ai/events/14785-gm-soybeans-and-china-s-food-security-dilemma-jamestown.md) | +0.8% | -6.7% |
| CORN | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +11.4% | +14.1% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/china-food-security-vow-to-boost-2022-soybean-output-sets-stage-for-leap-in-gm-seed-tech/

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