“China cannot rely on grain imports for grain security”

Agricultural Minister Han Changfu said China cannot rely on imports to ensure the security of its domestic grain supply, and that maintaining 95 percent self-sufficiency for rice, wheat and corn is a fundamental national policy orientation.

With its consumption of grains decreasing its volumes available for global export, China has to depend on its own output or risk unduly influencing international prices, Han said in the Qiushi Journal, a magazine published by the Central Committee of the Communist Party of China.

Grains available for trade worldwide total around 250 million tonnes, less than half of China's domestic grain production, Han noted. Read more...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine from Perendale Publishers.