Date
15 August 2018

China rice output seen declining this year, WSJ says

China’s rice production may decline 0.7 percent to 202.8 million metric tons this year, the first time since 2003 that the nation would harvest less than the year before, the Wall Street Journal reported Monday, citing estimates by the China National Grain and Oils Information Center, a state grain-policy think tank. The nation, the world’s largest producer and consumer of rice, may see an end to its decade-long boom in the production of the grain as farmers reach production limits and the government shows signs of warming to cheaper imports, the report said. Rice yield—or tons produced per hectare—is also expected to fall 1.7 percent to 6.7 tons,  the center said. By contrast, the yield on corn is likely to be up 2.6 percent and the yield on wheat 1.6 percent, it said.

– Contact HKEJ at [email protected]

CG

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