Infographic: China Is Hungry For Feed Grains
Infographic: China Is Hungry For Feed Grains By Katharina Buchholz China’s steeply rising imports of corn have thrown world market prices into disarray. The price of the grain hit a nine year high in early May at $7.32 per bushel and remained elevated at more than $6 this week – a price not seen since early 2013. China’s demand for feed grains has been increasing rapidly as its hog production is rebounding after outbreaks of the African swine fever. This trend has also affected wheat and barley, while demand for soy – also a common animal feed – has remained high since las...
Source: ibtimes.com