Maize| China could double its subsidies this year to corn processors in the main

April 18, 2015 10:50 AM | Skymet Weather Team

China could double its subsidies this year to corn processors in the main producing area in northeast in a bid to help the loss-making industry and stimulate consumption. Corn processors with a capacity of more than 100,000 tonnes a year would be offered a subsidy of 200 yuan ($32) per tonne, double that offered last year.

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