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China to consume 127 MLN tons of corn in 2005
China is expected to consume 127 million tons of corn in 2005, according to experts from the Liaoning Provincial Information Center for Agriculture and Animal Husbandry.

Experts hold the view that due to limited arable land and the rotation of corn and soybean in northeast China, it is impossible to see a big increase in corn production as the output of soybean is increased by 50 per cent in the region.

The main consumers of corn in China are feed producers and industrial sectors, as well as residents.

The prediction by the authoritative department shows that the feed sector consumed 94 million tons of corn in 2004 and the corn consumption by the sector will remain the same or be in a bit increase in 2005.

In 2005, the industrial sector will consume 15.5 to 16 million tons of corn, an increase of 10 per cent over the previous year. And around 16.5 million tons of corn will be used for food in the year.
MGR Archive 26.1.2005
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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