April 9, 2009

 

China think tank keeps '09 corn, soy output estimates

 
 

The China National Grain and Oils Information Center Thursday (Apr 9) kept its estimates for the country's output of major grains in 2009 unchanged from last month.

 

The think tank sees corn output in 2009 at 163 million tonnes, down 1.5 percent on year, while soy output is likely to fall by 3.2 percent to 15 million tonnes on a 3.7 percent decline in area, according to the center's updated report.

 

The report, the center's initial forecast for area and output for major crops in 2009, is based on a survey of farmers planting willingness in some provinces and the assumption that the weather will be basically normal, it said.

 

CNGOIC said it will update its forecasts in May's report, based on the actual planting area and growth situation.
 
The following table is from CNGOIC's April report:
 
2009 Output in tonnes
Change on-year
2009 Area in Hectares
Change on-year
Soybeans
15,000,000
-3.20%
9,200,000
-3.70%
Corn
163,000,000
-1.50%
29,000,000
0.70%
Wheat
111,000,000
-1.30%
24,010,000
0.50%
Rapeseed
13,000,000
10.20%
7,000,000
7.70%
Rice
193,180,000
0.10%
29,750,000
1.20%
 

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