date:Jan 17, 2013
buying cheaper supplies from abroad. But Mr. Basse said China imports corn for political reasons, not for economic ones, especially when food inflation becomes a problem.
Hog producers in China are currently operating at negative margins and cheaper imports could lower the overall cost of feed.
What would really indicate a likely increase in the amount of Chinese imports of U.S. corn would be a return to trend line yields for U.S. growers, which would pull down prices to the level of $4 to $4