China increases wheat and barley import in May

26 Jun, 2017
China increases wheat and barley import in May
China increases wheat and barley import in May as the corn import decreases

During the month, wheat import reached 502,800 tonnes (+ 14% compared to May 2016), incl. from the US 289,000 tonnes (+ 95%) and from Australia 157,500 tonnes (-7%).

Import of barley grew to 625,900 tonnes (+ 22%), incl. from Australia 555,300 tonnes (+ 46%).

Import of corn to 42,200 tonnes (-96%), incl. from Ukraine 22,300 tonnes (-98%) and the US 10,600 tonnes (+ 70%).

On June 23rd 2017 the authorities in China held an auction for the sale of 2.338 million tonnes of corn, 2011 – 2013 crop, from the state reserve. 1.30 million tonnes of corn from the 2013 crop were sold at average price of 202.9 USD / mt.