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China’s corn imports soar in September as Beijing moves to counter skyrocketing domestic prices

Summary:
[unable to retrieve full-text content]China’s corn imports soared nearly sevenfold from a year earlier to four-and-a-half year high in September as Beijing sought to address a domestic supply shortage and skyrocketing prices with shipments from the United States.Imports of corn surged to 1.08 million tonnes last month, 675 per cent above the same period last year and an acceleration from the 339 per cent increase recorded in August, according to calculations by the South China Morning Post based on import data released by China’s…

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[unable to retrieve full-text content]
China’s corn imports soared nearly sevenfold from a year earlier to four-and-a-half year high in September as Beijing sought to address a domestic supply shortage and skyrocketing prices with shipments from the United States.Imports of corn surged to 1.08 million tonnes last month, 675 per cent above the same period last year and an acceleration from the 339 per cent increase recorded in August, according to calculations by the South China Morning Post based on import data released by China’s…

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