Corn loss from China drought too small to dent oversupply
date:Aug 14, 2014
ain after four years of record harvests and has cut imports by nearly 10 percent in the first half of this year. Production in Henan will probably fall by between 1 million to 2 million tonnes (due to the drought) but that's not going to have a noticeable impact on China's total corn output, said a researcher from the China National Grain and Oils Information Center (CNGOIC), an official think-tank.

Overall production is still going to rise and the market will remain oversupplied. Henan in cen
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