date:Jan 17, 2013
r. Good said, although China is known to be a buyer of corn from other countries as well.
China was reported to have imported a total of 0.98 million tonnes of corn from all sources in 2010-11. For 2011-12, the WASDE estimate jumped to 5.23 million tonnes. But that did not translate into a firm upward trajectory.
In August 2012, when the United States was experiencing the worst drought in 50 years and corn prices hovered around $8 a bu, the August WASDE projected Chinese corn imports fell to 2