Corn Overtakes Rice as Leading Chinese Foodstuff

Corn Overtakes Rice as Leading Chinese Foodstuff

According to the Chinese Academy for Social Sciences report released this week, for the first time corn overtook rice as the leading foodstuff in China.  Domestic corn production grew 8% to 208 million metric tons while rice production grew just 1.6% to 204 million tons.  China also imported 5.2 million metric tons of corn in 2012 – up 197.1% over the previous year, as rice imports increased 296.2% to 2.37 million metric tons.  Both of these increases pushed up China’s total agriculture trade deficit by 44% to US$48.94 billion in 2012.  China’s dependency on international markets reached 21.1% in 2012, up from 20.7% in 2011.  China’s grain consumption has fallen to 60% of 1990 levels while meat consumption has risen 44.7% compared to 1990;  poultry consumption has risen 209% and milk consumption has risen 296%.

 

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