China's grain production expected to increase for the 8th year

China's is expecting its grain production to increase yet again but its also will see price rises, these moderate price rises are due to the struggling supplies as production tries to keep pace with growing demand. China will produce more than 550 million tons of corn,rice and other grains this year. Chen Xiaohua, deputy director of the ministry said “Grain prices will go up moderately due to rises in the cost of production but the rise will be limited,” Read more ...

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