14.10.2016 - China set to add to the global corn glut
The global corn market is bracing for a potentially large spillover from China as the country will restart exports after nearly a decade of stockpiling the grain in pursuit of food self-sufficiency. Market insiders have long worried about the kind of impact China might have once it decides to tip its bursting stockpiles onto the global market. If Chinese exports expand significantly, they will likely further drag down an already depressed market. China is the second largest maize producer after the U.S., accounting for 20% of the worldwide harvest..........................................Full Article: Source
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