China May Become World’s Top Corn Buyer, Grains Council Says
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China may become the world’s largest importer of corn “in the near future,” said Rebecca Bratter, the director of trade development for the U.S. Grains Council.
Chinese demand is rising as the population increases, and the growing middle class buys more meat produced from corn-consuming livestock, Bratter said today at the U.S. Department of Agriculture’s annual outlook conference in Arlington, Virginia. China became a net importer of corn last year for the first time in 14 years.