Monday, March 8, 2010

Breaking News-RTRS-China's big soy imports to last, corn supply worries-official

BEIJING, March 5 (Reuters) - China, the world's largest soy importer, will continue to import large volumes of the oilseed while looking to its own corn production to meet rising demand for animal protein, a senior agricultural official said.
China's own soy production would remain roughly at the current level of about 15 million tonnes, but even at a maximum of 20 million tonnes, domestic output would still fall short of demand, Qian said on the sidelines of the Chinese People's Political Consultative Conference (CPPCC) in Beijing.