Attaché: China to Import ‘substantial amount’ of Brazilian Corn

USDA’s attaché in Beijing reports: “Feed mills have resumed mixing more corn in feed rations as higher prices for wheat and sorghum . . .

After easing China’s COVID restrictions and a wave of COVID moved through its residents, Chinese consumers are quickly returning with an excess of cash in hand, the U.S. Meat Export Federation reports.
After easing China’s COVID restrictions and a wave of COVID moved through its residents, Chinese consumers are quickly returning with an excess of cash in hand, the U.S. Meat Export Federation reports.
(Farm Journal)

USDA’s attaché in Beijing reports: “Feed mills have resumed mixing more corn in feed rations as higher prices for wheat and sorghum reduce demand for corn alternatives. At the same time, Brazilian corn is now available and priced competitively with domestic corn... With the arrival of the first vessel of Brazilian corn in early January 2023, China will likely turn to Brazil for a substantial amount of its corn imports.”

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