China expects a better wheat yield than in 2013

By: trademagazin Date: 2014. 05. 19. 11:02

China is the world's largest consumer and producer of wheat. This year, 122.6 million tonnes of wheat will be harvested, 0.78 percent more than in 2013 – a Chinese economy researcher institute forecasts.

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The Chinese national grain and oil industrial information center (CNGOIC) expects that 117.6 million tonnes will be harvested from fall-sown wheat, 1.75 million tonnes more than in 2013.

The Chinese Institute estimates that this year, a total of 552.14 million tonnes of wheat, corn and rice will grow in the Asian country outperforming last year’s datas by a 1.7 percent. Meanwhile, the imports of these three crops will fall significantly by 34.3 percent to 11.5 million tonnes. (MTI, tozsdeforum.hu)

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