December 5, 2007
China think tank keeps '07 soy output forecast unchanged
The China National Grain and Oils Information Center (CNGOIC) on Wednesday (December 5, 2007) kept the country's corn, wheat and soy output forecasts this year unchanged from its report last month.
The state-backed CNGOIC estimated that production of corn will reach 148 million tonnes, soy 14 million tonnes, and wheat 106 million tonnes this year.
The following table is taken from CNGOIC's December report:
|
2007 Output in tonnes |
Change on year |
2007 Area in Hectares |
Change on year | |
|
Soys |
14,000,000 |
-12.30% |
8,700,000 |
-6.30% |
|
Corn |
148,000,000 |
1.70% |
28,050,000 |
4.00% |
|
Wheat |
106,000,000 |
1.50% |
23,000,000 |
0.20% |
|
Rapeseed |
12,000,000 |
-5.10% |
6,478,000 |
-6.00% |
|
Rice |
186,500,000 |
2.20% |
29,230,000 |
-0.20% |
