China Fulfills Soybean Purchase Pledge Amid Trade Uncertainty and Tariff Threats

**Sinograin** (China Grain Reserves Group) is a **substantial state-owned enterprise** headquartered in Beijing that plays a critical role in China's food security infrastructure[1]. Founded in 2000, the organization specializes in grain and oil storage, processing, trading, logistics, warehousing technology research, and oversight of centralized grain and oil reserves[1]. ## Core Operations and Scale Sinograin manages reserves across multiple commodity categories including wheat, rice, corn, soybeans, and edible oils, making it **the largest agricultural reserve entity in China**[1]. The organization operates as both a strategic reserve manager and an active market participant, balancing food security with economic stability. ## Key Achievements The organization has demonstrated significant impact on China's macro-economic management. In 2009, Sinograin released 2.5 million tons of central reserve round-grained rice to regulate market supply[1]. More impressively, in 2010, the corporation executed State Council strategies by releasing 83.71 million tons of policy grain and oil into the market, stabilizing prices and supporting national economic health[1]. ## Structural Evolution Sinograin has undergone strategic restructuring to enhance operational efficiency. In 2013, the organization established the China National Grain and Cereals Storage and Logistics Company to improve reserve management[1]. A pivotal expansion occurred in November 2016 when the China National Cotton Reserves Corporation was amalgamated into Sinograin, significantly broadening its portfolio[1]. ## Current Status Today, Sinograin operates subsidiary companies engaged in various agricultural sectors. Sinograin Oils operates in the oil and gas exploration services industry with approximately 250-499 employees[3], while Sinograin Northern Agriculture Development Company pursues sustainable soy cultivation certified against international standards

**COFCO** is the world's largest agri-business by asset value and China's leading food and agriculture company, established in 1952.[1][4] The organization operates as a vertically integrated enterprise managing the entire agricultural supply chain from farm production to consumer markets.[1] COFCO's operations span **sourcing, storage, logistics, processing, and global trading** of agricultural commodities.[5] The company specializes in grains, oilseeds, sugar, coffee, and cotton, along with vegetables, fruits, animal proteins, and packaged food products.[1] This comprehensive approach enables the organization to optimize efficiencies, ensure product quality, and maintain robust supply chain management.[1] With **12,000+ employees across 36 countries**, COFCO International—the overseas agriculture business platform—handled over 108 million tonnes of commodities in 2024 with revenues of $38.5 billion.[4] The parent COFCO Corporation generated approximately $70 billion in annual revenue according to its 2022 Annual Report.[1] The organization operates 29 million tonnes of processing capacity and 36 million tonnes of port capacity globally.[4] COFCO's strategic strength lies in its **unparalleled access to China's massive market** combined with world-class assets in key agricultural regions.[2][3] The company maintains a significant presence in high-growth origination regions, with 65% of global grains and oilseeds assets in South America—the world's largest exporting region.[2][4] Additional logistics hubs span from Santos, Brazil and Rosario, Argentina to Constanta, Romania.[2] The organization's growth strategy prioritizes **sustainable and efficient supply chains**, direct sourcing from farmers, and expanding market share in destination markets.[3] COFCO leverages data management and advanced logistics to