The signing of a contract of maize imports, plus a number of agencies maize imports to China’s “prophecy”, but the move appears to set off a plain China’s food security proposition.

By the end of April this year, the U.S. Department of Agriculture of China came news of a large number of imported maize in the market raged, many agencies recently to improve China’s corn imports accordingly expected.

U.S. Grains Council on the claim that, by 2015, China’s corn imports are likely from 2010’s 1.7 million tons to 17 million tons. Marubeni Economic Research Institute has predicted that by 2015 China may be corn imports one million tons from this year’s expected rise to 10 million tons. The forecast emphatic seemingly following soybeans, China’s corn market will be “foreign goods” are filled.

“This year our country does import a lot of corn, but personally think that imports a few years to more than 1,000 tons to say too do not fly.” Feng Lichen, general manager of China’s net corn countered.

He introduced a wide range of speculation by some media, maize imports in fact very limited. Take the first boat of this year’s corn imports, the ship of 60,000 tons of U.S. corn, Japan’s Mitsui to buy initially, after the company sold Luyidafu, and finally assigned to the Shandong Luhe Group. Since then, COFCO has signed a number of corn and foreign-import contracts, and then transferred to the domestic several corn feed company.

Several groups were behind the corn is in the 7 September to Hong Kong, every ship 50,000 ~ 60,000 tons range.

Feng Lichen, said: “So together over these imports are only 30 million tons, while China’s enterprises have been approved so far this year, down corn import quotas are dissatisfied with 1.5 million tons.” Overseas authority of a certified agricultural research institutions, including more than a few boats corn This year China has signed contracts of corn imports about 21 boats, even if the amount of 60,000 tons per ship computing, there are still 1.26 million tons, 1.5 million tons of were still within the approved quota.

And now the time has come in August, even if the rest of the year there are Chinese-funded enterprises to enter into contracts for corn imports, due to shipping schedules and transportation issues, making it difficult for imports of corn to the port this year. The research, an analyst said: “So China’s corn imports this year, also at 1.26 million tonnes up and down.”

The figure in China before the huge production and consumption is almost negligible. According to the Chinese corn network statistics, the supply of corn each year has remained roughly 1.5 million tons, supply and demand balance is tight. National Grain and Oil Information Center data showed this year, China will increase corn production, or may reach 168 million tons. If calculated according to 1.26 million tons of imports, China’s corn imports this year or even less than 1% of self.

Feng Lichen, said: “With such a low maize imports, can be compared to a small stone thrown into a huge lake, the waves will be produced What? Usher in corn now that ‘China always’ a bit exaggerated.”

Tianqi futures analyst Zhu Jia M, says: “and soybeans than corn market in China’s dependence on imports is very small.”

The information provided last year, China’s soybean imports to grow to 40 million tons over the same period, have only 16 million tons of soybean-grown, but 10 years ago, China’s soybean imports each year less than 3 million tons, less than the global 8% of soybean imports. In contrast, maize imports not only lower the total, and 10 years have not seen any progress, China’s imports of corn from the United States is the last time in 2006, was symbolic of China to buy 2,700 tons of corn.

Shanghai Investment Company, chairman of the Tsing Ma Ming Ma Chao said that soybean imports in itself is no quota, but there are 7.2 million tons of corn each year, the import quota, the quota of private enterprises of which 288 million tons, and annual quotas are used up .

Quota is difficult to digest, may be related to our strict import regulations relating to genetically modified corn. According to the Ministry of Agriculture in 2003 promulgated the “Measures for the Administration GMOs import safety,” stipulates that enterprises applying for import of genetically modified crops, the Ministry of Agriculture shall, from the date of receipt of the applicants to do 270 days of the decision to approve or not. The world’s about 22 varieties of genetically modified maize, the Chinese Ministry of Agriculture approved the import of only one of 10 species.

Unfortunately, the country’s corn imports were mainly from the United States, and the U.S. GM maize accounted for 85% of all corn acreage.

Insiders said that these provisions related to food security also limits the increase in corn import quotas.

The source also pointed out that, taking into account factors such policies, if it is not because of natural disasters, the Northeast last year cut 20 million tons of corn growing areas this year, do not expect there to returning to the maize imports. Feng Lichen said: “Our corn can be basically self-sufficient, if the next 5 years with the national weather, maybe a year can have 10 million tons of corn made the balance, then not only do not need to import, we may even become a net exporter . ”

The signing of a contract of maize imports, plus a number of agencies maize imports to China’s “prophecy”, but the move appears to set off a plain China’s food security proposition.

By the end of April this year, the U.S. Department of Agriculture of China came news of a large number of imported maize in the market raged, many agencies recently to improve China’s corn imports accordingly expected.

U.S. Grains Council on the claim that, by 2015, China’s corn imports are likely from 2010’s 1.7 million tons to 17 million tons. Marubeni Economic Research Institute has predicted that by 2015 China may be corn imports one million tons from this year’s expected rise to 10 million tons. The forecast emphatic seemingly following soybeans, China’s corn market will be “foreign goods” are filled.

“This year our country does import a lot of corn, but personally think that imports a few years to more than 1,000 tons of argument do not fly too.” Feng Lichen, general manager of China’s net corn countered.

He introduced a wide range of speculation by some media, maize imports in fact very limited. Take the first boat of this year’s corn imports, the ship of 60,000 tons of U.S. corn, Japan’s Mitsui to buy initially, after the company sold Luyidafu, and finally assigned to the Shandong Luhe Group. Since then, COFCO has signed a number of corn and foreign-import contracts, and then transferred to the domestic several corn feed company.

Several groups were behind the corn is in the 7 September to Hong Kong, every ship 50,000 ~ 60,000 tons range.

Feng Lichen, said: “So together, these imports have more than 300 thousand tons, however, so far this year, Chinese enterprises were granted the corn down 1.5 million tons of import quotas are also unhappy.” Overseas Mou also confirmed the authority of agricultural research institutions, including more than a few boats corn This year China has signed contracts of corn imports about 21 boats, even if the amount of 60,000 tons per ship computing, there are still 1.26 million tons, 1.5 million tons of were still within the approved quota.

And now the time has come in August, even if the rest of the year there are Chinese-funded enterprises to enter into contracts for corn imports, due to shipping schedules and transportation issues, making it difficult for imports of corn to the port this year. The research, an analyst said: “So China’s corn imports this year, also at 1.26 million tonnes up and down.”

The figure in China before the huge production and consumption is almost negligible. According to the Chinese corn network statistics, the supply of corn each year has remained roughly 1.5 million tons, supply and demand balance is tight. National Grain and Oil Information Center data showed this year, China will increase corn production, or may reach 168 million tons. If calculated according to 1.26 million tons of imports, China’s corn imports this year or even less than 1% of self.

Feng Lichen, said: “With such a low maize imports, can be compared to a small stone thrown into a huge lake, the waves will be produced What? Usher in corn now that ‘China always’ a bit exaggerated.”

Tianqi futures analyst Zhu Jia M, says: “and soybeans than corn market in China’s dependence on imports is very small.”

The information provided last year, China’s soybean imports to grow to 40 million tons over the same period, have only 16 million tons of soybean-grown, but 10 years ago, China’s soybean imports each year less than 3 million tons, less than the global 8% of soybean imports. In contrast, maize imports not only lower the total, and 10 years have not seen any progress, China’s imports of corn from the United States is the last time in 2006, was symbolic of China to buy 2,700 tons of corn.

Shanghai Investment Company, chairman of the Tsing Ma Ming Ma Chao said that soybean imports in itself is no quota, but there are 7.2 million tons of corn each year, the import quota, the quota of private enterprises of which 288 million tons, and annual quotas are used up .

Quota is difficult to digest, may be related to our strict import regulations relating to genetically modified corn. According to the Ministry of Agriculture in 2003 promulgated the “Measures for the Administration GMOs import safety,” stipulates that enterprises applying for import of genetically modified crops, the Ministry of Agriculture shall, from the date of receipt of the applicants to do 270 days of the decision to approve or not. The world’s about 22 varieties of genetically modified maize, the Chinese Ministry of Agriculture approved the import of only one of 10 species.

Unfortunately, the country’s corn imports were mainly from the United States, and the U.S. GM maize accounted for 85% of all corn acreage.

Insiders said that these provisions related to food security also limits the increase in corn import quotas.

The source also pointed out that, taking into account factors such policies, if it is not because of natural disasters, the Northeast last year cut 20 million tons of corn growing areas this year, do not expect there to returning to the maize imports. Feng Lichen said: “Our corn can be basically self-sufficient, if the next 5 years with the national weather, maybe a year can have 10 million tons of corn made the balance, when not only do not need to import, we may even become a net exporter . “

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