China Agricultural Supply and Demand Estimates (Casde) – March 2022
Corn price to remain high as wheat substitution falls
Domestic corn prices in China are expected to remain at current high level as rising wheat prices in the country narrowed the price differential between the two crops and will likely dampen the willingness to substitution corn with wheat.
The Ministry of Agriculture and Rural Affairs (MARA) projects slightly higher use of corn in animal feed demand in China in 2021/22 marketi...
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