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China's 2019/20 soybean output to rise 7.9 percent to 17.27 million tonnes- agriculture ministry

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BEIJING, May 10 (Reuters) - China's 2019/20 soybean output is expected to rise 7.9 percent to 17.27 million tonnes, as a national plan to revitalize the domestic sector will push farmers to grow more of the oilseed, the country's agriculture ministry said on Friday.

China's 2019/20 soybean consumption was forecast to be 103.56 million tonnes. Soybean ending stocks for the same year will be at a deficit of 1.54 million tonnes, the ministry said in its monthly crop report.

China will import 3 million tonnes of corn in 2019/20, according to the monthly Chinese Agricultural Supply and Demand Estimates.(CASDE)

The ministry also raised its forecast of China's corn imports for 2018/19 to 2.5 million tonnes, up from the previous month's forecast of 1.5 million tonnes. (Reporting by Hallie Gu and Dominique Patton; editing by Christian Schmollinger)