July 3, 2009

 

China 2H soy imports to stay high; grain output up

 
 

China's soy imports in the second half of this year will remain at high levels due to an expanding supply-demand gap, a senior grain official said Friday.

 

The country's wheat, rice and corn supply is higher than demand for it, Ren Zhengxiao, deputy chief of State Administration of Grain, said during a rice conference.

 

China's summer grain output is expected to exceed 122.5 million tonnes this year, rising for a sixth year in a row, he said. 
   

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