Seed China Monthly Report

In terms of market analysis, Zhejiang released its 2026 list of leading agricultural varieties and key promotion technologies, while the novel plant-derived insect-resistant protein (iJAZ) independently developed by the Institute of Cotton Research of the Chinese Academy of Agricultural Sciences was officially commercialised.

In terms of company and supply, Lühe Technology released its 2025 annual report, with net profit after extraordinary items up 12.68% YoY, but net profit attributable to shareholders fell 35.69% YoY due to non‑recurring losses. Yuan Longping High‑tech Agriculture's 2025 annual report showed net profit attributable to shareholders up 45.63% YoY, while net profit after extraordinary items turned from loss to profit. R&D expenditure reached USD110.5 million (RMB763 million), and the "Breeding 4.0" strategy was implemented, signalling Yuan Longping High‑tech's strategic shift toward technology‑driven development.

In terms of trade analysis, China's total imports of soybean, corn and vegetable seeds reached 647.184 tonnes, up 14.89% MoM, while exports rose 41.53% MoM to 559.86 tonnes. In Jan.–Mar. 2026, China imported approximately 24.418 million tonnes of major grains, up 12% YoY. In March alone, about 7.0388 million tonnes of grain were imported, down 12.06% MoM.

In terms of policy, Henan issued a plan for the full‑chain standardisation of the seed industry (2026–2030); Xinjiang implemented the newly revised Measures for the Implementation of the Seed Law of the People's Republic of China.

In terms of variety, Henan announced the list of major crop varieties that passed the preliminary review at its 9th‑7th variety approval meeting, covering 75 wheat varieties. Inner Mongolia released the crop variety list approved at its 5th meeting, including 65 corn varieties, 21 rice varieties, 11 soybean varieties and 4 wheat varieties.

The USD/RMB exchange rate used is USD1.00 = RMB6.9025, sourced from the People's Bank of China on 1 April, 2026.