date:Dec 29, 2012
The U.S. Grains Council (USGC) reports that for the first time in history, China is set to produce more corn than rough rice. The shift depicts the growing affluence by the Chinese middle class and their demand for a more protein-rich diet.
The U.S. Department of Agriculture (USDA) revised its projection of Chinese corn production from 200 million metric tons (7.9 billion bushels) to 208 million metric tons (8.2 billion bushels). The USDA is also predicting a Chinese rough rice production of