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China’s feed-grain industry is unlikely to become self-sufficient, says Cargill
Jun, 07, 2021 Posted by Ruth HollardWeek 202125
Cargill’s chief executive, David MacLennan, said on Friday that China’s feed-grain industry is unlikely to become self-sufficient, despite the country’s efforts to increase domestic production.
See below the soy and corn exports from Brazil to China:
Brazilian Exports of Soybeans and Corn (HS 1201 and 1005) to China | Jan to Dec 2016-2020 | WTMT
Graph source: DataLiner (click here to request a demo)
Tightening domestic grain supplies and rising demand from the country’s pork producers have boosted China’s record grain imports this year.
Source: Money Times
To read the full original article, access the link:
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