China: Grain and Feed Update

  |   Attaché Report (GAIN)   |   CH2022-0074

Post revises China's Marketing Year (MY) 2022/23 feed demand upward by 4.5 million metric tons (MMT) based on recovering demand for hog feed. Rice substitution for corn in feed rations may play a more significant role because of price advantages over corn and other corn substitutes. Post adjusts wheat production in MY2022/23 upward by 2 MMT to 135 MMT based on improved growing conditions.

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