Rapeseed output in China for 2012 expected to be 13-14 million tons

China's rapeseed output for 2012 is expected to be between 13 and 14 million tons, Ning Gaoning, chairman of the nation's top state-owned grains trader COFCO said, marking a slight increase from its estimated 2011/12 harvest.

But Ning Gaoning said China's corn imports for 2012 are likely to hold steady or even slip from a year ago due to a bumper harvest at home, while soybean imports should rise further this year. Ning, who spoke on the sidelines of a meeting preceding China's annual parliament session, did not quantify his forecasts for corn and soybean imports. 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. To get your copy of 'PPLAPP' click here.