China to use corn reserves to alleviate shortages amid virus epidemic

China’s National Grain Trade Center said the country would start selling 2.96 million tons of maize from state reserves on February 7 to alleviate a shortage of feed supplies faced by some companies in the south of the country.  According to a statement on the state agency’s website, feed manufacturers located outside the provinces of Heilongjiang, Jilin, Liaoning and the Inner Mongolia region – a corn strip in northeastern China – will be able to bid for the product.

In an effort to stem the spread of the coronavirus, some provincial governments have set restrictions that have disrupted the transport of feed and live animals. The Chinese government has asked the provinces to minimize the impacts of these disruptions and guarantee operation under normal conditions in the animal feed sector.

Source: Reuters

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