date:May 30, 2012
he major beneficiary of such developments. While there may be some benefit to U.S. grain farmers in the increase in Chinese demand and production of meat, there is more to the story, he says. Between 2001 and 2011, the increase in the U.S. corn yield was a paltry 6.6% due to weather-related yield loss over the last 2 years. China on the other hand has seen yields increase by 22% over the same period. In addition while total US corn production has increased by 30% over that same period, Chinese p