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An ag economist says China has not increased domestic corn acres in seven years, which is a primary driver for the country’s ramp up in corn imports.
David Widmar with Ag Economic Insights tells Brownfield the industry doesn’t fully understand why China is buying so much corn today, with guesses ranging from poor quality stocks to bad production.
“We need to untangle this a little bit and say, ok is there a supply shock going on here or is it a bit of a demand story?
Written by: Leah Jones