China’s corn planting area is expected to be reduced by 1.33 million hectares in 2017 as the country seeks to address excessive corn stock, according to the Ministry of Agriculture (MOA) and publicado en XinhuaNet.com.
The reductions mainly concentrate in areas with low and unsteady output, including the country’s arid northwest and desertified regions in the southwest.
Years of support for corn farmers has left China with a substantial stockpile. In 2016, China’s corn output stood at around 220 million tonnes, while stocks amounted to 230 million tonnes.
Para equilibrar el mercado, China ha estado presionando por una reforma agrícola desde 2016, instando a los agricultores a ajustar su combinación de cultivos para detener la expansión ciega y enfocarse en el desarrollo sostenible, particularmente en la industria del maíz.