Beijing | Reuters — China plans to scrap its corn stockpiling scheme and allow markets to set prices for the grain, pushing to boost efficiency on its farms and to narrow a gap between local and international prices that has sparked a surge of cheaper imports. The government will instead subsidize corn growers and encourage […] Read more
Tag Archives corn imports — page 2

China to end state corn stockpiling, free up prices

China to let market decide its corn prices
Beijing | Reuters — China will let the market decide its domestic state corn prices to help cap the country’s rising imports and record-high level of state reserves, a senior official was cited by state media as saying on Monday. “The direction of corn reform is… to let the market decide prices, and (state support) […] Read more

Canada to check India’s feed corn for aflatoxin
All feed corn coming to Canada from India is now going to be held and tested for aflatoxin, as high levels of the toxins have recently turned up in organic corn from the country. Importers of corn — organic or otherwise — from India, starting immediately, first must sample the corn, upon arrival in Canada […] Read more