China rice production to see drop this year

China is expected to see its grain yield decrease this year as farmers reach production limits and the country shows signs of cheaper imports, The Wall Street Journal reported, citing a government forecast. The China National Grain and Oils Information Center, a state grain-policy think tank, projected rice output may dip 0.7% to 202.8 million metric tons–the first time since 2003 that China would harvest less than the year before. China, the world’s largest consumer of rice, is also the world’s largest producer, accounting for a quarter of global output. But analysts say Chinese production has come under pressure as more land is claimed for industrial purposes and people continue to leave the countryside for city.

Copyright © 2010 LexisNexis, a division of Reed Elsevier Inc. All Rights Reserved.
Terms and Conditions     Privacy Policy 

 

Source:  http://www.world-grain.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s