China: Grain and Feed Annual
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The government of China recently announced several grain policy changes to meet increasing feed demand and confront the global spread of COVID-19. The policy changes include a reversal of the effort to reduce corn area, a return to double-crop rice planting, the stabilization of wheat area, and a reduction in overall fallow area. China’s 2020/21 feed and residual use in total are forecast to increase 8.1 million tons, a four percent increase over 2019/20. Overall feed demand is expected to recover to the 2017/18 level at around 212.7 million tons, as the hog feed loss due to African Swine Fever is offset by strong poultry and ruminant expansion along with a swine and poultry restocking boom following the COVID-19 epidemic.