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Maize| China, world's second-largest corn consumer

February 23, 2016 7:26 AM |

China, world's second-largest corn consumer, will cut domestic prices to spur demand from downstream industry and reduce cheaper imports, a senior government official said. China has instituted a crop stockpiling policy to protect its rural population from fluctuating prices and prop up incomes. Corn reserves are now at record highs.






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