China's corn export situation is severe after entering WTO

Introduction: the export situation of China's corn has been very good in the past two years, because the country has previously given certain subsidies to export corn In 2000, China's corn export reached 10.5 million tons, the highest level in the history of China's corn export In 2001, due to the rise of domestic corn prices, the number of corn exports decreased, but still reached more than 6 million tons With China's accession to the WTO, the original export subsidy of corn in China has been cancelled, which means that the export price of corn in China will rise from the current 105 US dollars / ton to 149 US dollars / ton, while the current FOB price of corn in the United States is only 90 US dollars / ton Without export subsidies, the export volume of corn in China will surely decrease, which is illustrated by the sharp decrease in the export volume in the first five months of this year RD9 in addition, according to the commitments of China's accession to the WTO, China's import tariff quota of corn in 2002 was 5.85 million tons, which increased to 7.2 million tons by 2004; in 2002, the proportion of imported corn by private enterprises was 32%, which will rise to 40% by 2004 Therefore, theoretically speaking, corn import is inevitable in the future RD9 above two factors will inevitably lead to the price rise of the international corn market On the one hand, China's corn export will encounter resistance, and the supply of corn in the international market will be correspondingly reduced, which will lead to the price rise of corn On the other hand, China will import a certain amount of corn, and the demand for corn in the international market will increase, which will also lead to the corresponding increase in corn prices However, in terms of domestic corn market, the decrease of export quantity and the increase of import quantity mean the increase of corn supply in domestic market, which leads to the continuous decline of domestic corn price RD9 therefore, it is very important to maintain a certain amount of corn export after China's accession to the WTO On the one hand, it can exchange a certain amount of foreign exchange for the country, adjust the corn storage year; on the other hand, it can share in the stable country RD9 (author:) shares in feed micro blog: