China could buy about 50-percent less corn for state stockpiles in the 2015-16 season than the previous year as the local governments offer subsidies in order to encourage processors to use more domestic grain, industry analysts said. Increased local purchases by Chinese processors could dent appetite for corn imports, pressuring global prices.
Maize| China could buy about 50-percent less corn for state stockpiles in
November 14, 2015 11:46 AM | Skymet Weather Team