China’s Extends State Corn Purchases an Extra Month due to Lackluster Domestic Demand and Harvest Delays

The Chinese State Administration of Grain announced on May 7 that it will extend the state corn purchase period for another month this year because of the harvest delay caused by excessive snow and rain since autumn…Full-text article: China Daily May 2013 Key point Corn purchases by the Chinese State Administration of Grain typically runs

The U.S. Expects Chinese 2013-2014 Corn Demand to Slide from 6.8 to 4 million MTs due to Projected Increase in Production

A strong start to 2013-14 for Chinese imports of US corn may fizzle out – provided the domestic harvest lives up to early promise, and the country proves willing to delve into its huge inventories. The US Department of Agriculture’s Beijing bureau quoted trade sources as saying that “China has already contracted approximately 1 million