Large and increasing China corn feed consumption is driven by a growing demand for meat, especially among urban dwellers who have a higher standard of living. China is expected to import at least 3 million metric tons of corn in 2011-12 to accommodate high feed grain consumption needs. Corn imports may continue rising, unless more productive yields are achieved.
China Corn Consumption Fueled by Feed Sector
Strong Chinese demand for corn is not going away. China corn consumption has been pegged at 189 million metric tons in 2011-12 and 7.4% higher than last season. Corn demand from the feed sector used to fatten hogs and chickens comprises the largest amount of domestic consumption, 70% of total disappearance... subscribers continue to full story...