US soybeans may lose China's market
In his book The Revenge of Geography, American international relations expert Robert D. Kaplan says that in the 19th century, Americans found "a flat of rich farmland without geographical impediments" outside the Appalachians, where "wealth could be created". That is the place where American culture gradually developed.
To this day, the Midwest remains "the world's largest contiguous piece of arable earth". Combined with the unique natural conditions and advanced production technology, the Midwest has made US agriculture the most efficient and competitive in the world.
On the other side of the globe, with a population of more than 1.3 billion, China is the world's biggest market for agricultural products. Among other agro-products, China has a high demand for soybeans, as it is the source of tofu, soymilk, soybean oil and even animal feed. China alone is expected to create one-third of the global demand for soybeans.
