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Floods to drought curbing China corn harvest: Commodities

Posted on 06 November 2013

China’s corn harvest is poised to decline for the first time in four years after flooding in its biggest-producing province and drought in its fifth largest cut yields, easing a global glut as the U.S. reaps a record crop.
Output by the world’s second-biggest corn grower fell 3.2 percent to 199.1 million metric tons, according to SGS SA, which carried out 302 interviews in the seven largest growing areas during the harvest in September and October for Bloomberg………………………………………..Full Article: Source


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