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China Seen Needing More U.S. Corn to Plug Domestic Shortage

  • More large purchases possible on demand from refining industry
  • Big question is how much more can China grow on limited land
China’s corn imports could eventually climb as high as 40 million tons this calendar year from 11 million tons in 2020.

China’s corn imports could eventually climb as high as 40 million tons this calendar year from 11 million tons in 2020.

Photographer: Daniel Acker/Bloomberg

China, the biggest corn consumer after the U.S., is still short of the feed grain, and more overseas purchases are likely.

Asia’s top economy has to nourish the world’s largest hog herds and supply a growing local refining industry, which produces everything from sweeteners to starches and alcohol. The increased demand this year and in future years comes as the country grapples with limited amounts of productive farmland.