More corn import channels; Wheat crop subsidies; PMI below critical point

Hog producers push for South American corn imports Amid rising feed prices, and near record-low margins for hog producers, China’s major hog producer New Hope’s chairman advocated for more corn imports to ease cost pressure. Liu Yonghao said the government should take short-term measures to ease feed price pressure, including lifting restrictions on corn imports from South America and increasing corn import tariffs. The tariff rate quota for corn imports officially remains at 7.2 million tons al...

 

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