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    Home > Active Ingredient News > Feed Industry News > Experts predict that China's corn and soybean supply gap will be huge by 2020

    Experts predict that China's corn and soybean supply gap will be huge by 2020

    • Last Update: 2008-11-03
    • Source: Internet
    • Author: User
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    Introduction: according to China's agricultural experts, due to the limited growth space of China's corn and soybean production, and the rigid growth of demand, this may mean that China will need to import a large number of corn and soybean in the future Cheng Guoqiang, an agricultural expert at the State Development Research Center, said that by 2020, China will be able to produce enough rice to meet domestic demand, while wheat, corn and soybean production will increasingly fail to meet the demand He predicts that by 2020, China will probably import 36.32 million tons of soybeans, 24.7 million tons of corn and 8.29 million tons of wheat, and will export 3.3 million tons of rice In the case of wheat, the self-sufficiency rate of wheat is expected to decrease from 93.9% in 2000 to 85.1% by 2020 Cheng Guoqiang said that it may be normal for China to import 7 to 8 million tons of wheat a year, because the global wheat supply is far higher than rice In 2004, China imported more than 7 million tons of wheat and only exported less than 1 million tons of wheat Corn's self-sufficiency rate was 97.4% in 2000 and may fall to 74% by 2020, due to the increase in meat demand, which in turn boosted feed demand In addition, the expansion of corn processing industry will also increase corn consumption Cheng Guoqiang said that the self-sufficiency rate of soybeans in 2000 was 46.1% and may drop to 20.6% by 2020 China imported about 20 million tons of soybeans in 2004, and only exported hundreds of thousands of tons of soybeans At that time, the total domestic soybean output was about 18 million tons Cheng Guoqiang said that the forecast is based on the annual economic growth rate of more than 7% and the annual population growth rate of less than 0.7% The government continues to support rice cultivation.
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