date:Dec 25, 2012
from South America or the US. China released trade data that showed November corn imports totaled 384,213 tonnes, up 57 per cent on the year and January through November imports are up a whopping 317 per cent on the year.
China corn imports are estimated at 2 million tonnes according to the USDA vs. 5.2 million for the 2011/12 season. The EU reported that 537,000 tonnes of corn import licenses were issued this week taking the crop year total to 4.5 million tonnes.
The USDA estimates EU impo