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December 10, 2008

 

China think tank keeps '08 soy, corn output estimates

 

 

China's grain think tank kept its 2008 output forecast for the country's major crops, including soy and corn, unchanged from the previous month, according a report issued Wednesday (December 10) by China National Grain and Oils Information Centre (CNGOIC).

 

The centre kept its forecasts for soybean and corn production at 16.50 million tonnes and 156 million tonnes, respectively, in its monthly report.

 

It also kept its output estimates for wheat, rice and rapeseed in 2008 unchanged from its November report.

 

The following table is from CNGOIC's December report:
 
 

2008 output in tonnes

Change on-year

2008 area in hectares

Change on-year

Soy

16,500,000

29.66%

9,650,000

10.24%

Corn

156,000,000

2.43%

28,800,000

-2.30%

Wheat

112,500,000

2.93%

23,900,000

0.76%

Rapeseed

11,500,000

8.77%

6,400,000

13.43%

Rice

189,000,000

1.59%

29,200,000

0.97%

 

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