China Hungers for Import Corn
On Sept. 20, 2011, China State Administration of Grain (CSAG) together with related departments released a notice to China Grain Reserves Corporation (Sinograin), a state-owned enterprise which plays a key role in carrying out state initiatives to ensure China's food security and economic growth, aiming to arrange a rotation plan of state corn reserves, about 3.7 million tonnes, and put them all into domestic market to meet the needs by the end of Nov. 2011, according to CCM’s latest issue...
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