Farm Progress

China grain demand higher than expected? (Part 1)China grain demand higher than expected? (Part 1)

February 23, 2011

China’s growing demand for meat protein is forcing its livestock sector closer to a “western” style ration, and that means China’s demand for corn may be higher than analysts have been predicting. Bill Cordingley, a native of Australia who now heads Rabobank International-Americas’ economic analysis unit, says China could need as much as 80 million metric tons of corn per year. He made those comments during a presentation sponsored by Rabobank at this year’s Cattle Industry Convention and NCBA Trade Show in Denver.

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