China: Grain and Feed Annual

  |   Attaché Report (GAIN)

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China’s agricultural policy-makers manage the dual mandate of ensuring national food security while pursuing poverty alleviation targets, which aim to raise rural incomes through domestic support programs and centrally planned marketing activities. Recent changes to the temporary reserve programs signal that minimum price supports and strategic stockpiles for wheat and rice are expected to continue in the near-term. State officials reason that full silos at home will translate into stable prices abroad. MY2018/19 rough rice production is forecast at 204.3 million tons, down more than 2 percent from MY2017/18, on a sharp decline in harvested area. MY2018/19 corn production is forecast at 223 million tons, up 3 percent from MY2017/18 on expanded area. MY2018/19 wheat production is forecast at 129 million tons, down slightly from MY2017/18 on a policy-driven decline in harvested area.  

China: Grain and Feed Annual

East Asia and the Pacific, China
Grains, Feeds and Fodders, Corn, Rice, Wheat

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