MySheen

China's annual corn imports remain stable

Published: 2024-11-06 Author: mysheen
Last Updated: 2024/11/06, According to the May Global Grain Market Trade report released by the United States Department of Agriculture, China's corn imports are expected to stabilize at 3 million tons in 2015, as domestic corn production is expected to set a record and domestic stocks are ample. The government encourages businesses to buy domestic corn.

According to the May Global Grain Market Trade report released by the U.S. Department of Agriculture, China's corn imports are expected to stabilize at 3 million tons in 2015, as domestic corn production is expected to hit a record and domestic stocks are ample. The government encourages businesses to buy domestic corn while restricting imports.

China will remain the world's number one importer of barley and sorghum because of high domestic corn prices and may continue to encourage merchants to import alternative diets.

 
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