date:Oct 18, 2012
pegging China's corn 2012-13 imports at 2 million metric tons, down from 5.3 million last year. USDA sees a modest buildup in China's corn carryover from 59.6 million tons this September to 60.2 million tons by next September.
USDA pegs China's corn exports this year at 200,000 tons, or about 8 million bushels -- twice the level of the year just ended in September.
The U.S. has long supplied corn to China, but this year Beijing is looking at Ukraine, where production is expanding. According