December 8, 2011

 

Chinese grain firms buy 10.37 million tonnes of new corn
 

 

China's grain enterprises had purchased 10.37 million tonnes of new corn by November 25 in major producing areas, with state-owned firms' purchases at 2.01 million tonnes, according to the State Grain Administration.

 

Meanwhile, the domestic grain companies had purchased 4.51 million tonnes of new non-glutinous rice and 12.86 million tonnes of mid-season and late rice by then.

 

The National Bureau of Statistics earlier said that the country's corn output reached 191.75 million tonnes in 2011, a jump of 8.2% over last year, and its rice production rose 2.6% on-year to 200.78 million tonnes.