China’s centrally administered state-owned agricultural enterprises have vowed to ensure grain security through innovation and industry-chain integration.
China’s growing consumption of oil, sugar, meat, eggs and milk has boosted demand for feed ingredients and oil crops, said Luan Richeng, president of COFCO Corporation.
Over the past two decades, China’s corn and soybean consumption both expanded markedly.
To increase the supply of feed and reduce dependence on imports, COFCO said it will develop eco-friendly feed ingredients including plant protein, cell-based protein, microbial protein and insect protein.
—Xinhua
