China will reduce the import of grain in the new season

Despite the expected decrease in the gross harvest of corn in China in 2017 by 4% to 211,5 million tons, CNGOIC experts in the may forecast, warn of possible reduction of imports of grain by 25% to 1.5 million tonnes because, although regular auctions for the sale of state stocks, they still remain quite significant.

the Import of wheat will decline by 13%, although the harvest will match the previous year's level (129.2 million tons).

the Import of barley will decrease by about 15%, but the purchase volume (5.5 million tons), he will continue to lead the list of grain, which buys land.

compared To the previous season, imports of sorghum in 2017/18 MG will be reduced by 11% to 4 million tons.