World Perspectives
feed-grains soy-oilseeds wheat

China’s Food Autarky

Zhang Hongzhou at Nanyang Technical University in Singapore says that geopolitical tensions, war, and climate change have refocused China on food self-sufficiency. Not that it had lost importance, but it is now receiving greater attention. He quotes Chinese President Xi Jinping stating, "Historical experience has taught us that money is useless in the event of a famine. To solve the problem of feeding 1.3 billion people, we must rely on domestic food production." USDA/FAS has increased its estimate for China’s corn production this season by 1 percent to 280 MMT. It accomplished this feat by adding 300,000 hectares to the production area. If true, this means China achieved the equivalent of 148 bushels/acre, which isn’t bad cons...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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May 26 Corn closed at $4.54/bushel, up $0 from yesterday's close.  May 26 Wheat closed at $5.8975/bushel, down $0.075 from yesterday's close.  May 26 Soybeans closed at $11.57/bushel, up $0.0175 from yesterday's close.  May 26 Soymeal closed at $311.7/short ton, down $0.5 from ye...

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