China Projected Lower Corn Surplus

10 Feb, 2017
China Projected Lower Corn Surplus
The Ministry of Agriculture of China projected lower corn surplus in the country in the current season reducing it from 5.11 mln tons to 4.41 mln tons as a result of the rising domestic demand.

Corn import forecast has been lowered to 0.2 mln tons. Domestic demand has been increased by 0.5 mln tons.

State corn stocks in China level the annual domestic consumption of 200 mlm tons.