Kanematsu Corp., Japan's largest importer of food soybeans, plans to boost sales of the oilseed by 67 percent in three years as it expands crop supply contracts in Canada and widens shipments to Europe and Asia.
Sales of nongenetically modified soybeans will rise to 200,000 metric tons in 2012 from 120,000 tons this year to meet demand in countries including Japan, South Korea and Spain, said Katsumi Morita, general manager at Kanematsu's grain and oilseed department, in an interview Tuesday.
The trading company plans to expand contracts in Canada, the second-largest supplier to Japan, to more than 130,000 tons from 80,000 tons, he added.