Maize|Chinese government will continue its controversial corn stockpile

September 26, 2015 10:17 AM | Skymet Weather Team

Chinese government will continue its controversial corn stockpile policy during 2015-16 and will start to stock the grain from farmers at a lower price compared with last year. Beijing will pay 2,000 yuan($314.3) per tonne to farmers in the northeast region, the country's corn belt, with the scheme lasting from November 31 of 2015 to April 30 of 2016.

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