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China's Sinograin sells from corn stockpiles, gains from recent price rises

Corn farmers in China are holding on to their corn in expectation of higher prices after Beijing ended its stockpiling programme and the farmers reduced the acreage devoted to corn, adding to the tightness in the corn supply.


CHINA'S state grains stockpiler Sinograin sold corn from its stockpiles at prices in line with the recent market gains amid concerns of falling supply during the next year because of cuts in plantings even as demand remains strong.

Sinograin sold 26,719 tonnes of corn at an...

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