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China strengthens food stocks to prepare for the second wave of coronavirus
  • The Chinese Government has called on food production and trade companies to expand cereal deposits and other crops because the next wave of coronavirus and the increase in the number of infections can shake global supply networks. In particular, he has asked Reuters to produce and accumulate more soybeans, soybean oil and maize, several companies have confirmed to the British agency.
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The Chinese Government has foreseen that a second episode of COVID-19 will be able to interrupt the food supply chains currently being organised around the world, for example, if the closure of some seaports is adjusted.

"We've been warned -- several companies have told Reuters -- that we have to increase stocks to larger volumes than usual. In Brazil, things don't look good." In fact, Brazil is China's main supplier, both in soy beans and meat, and has already exceeded the number of infections in Spain and Italy. One of the main concerns of the Chinese authorities is how this will affect and in general the speed that COVID-19 is taking in Latin America in relation to the supply of soy.