China Corn Production Growth To Ease In 2022/23, Downside Risks Accumulating
Agribusiness / China / Fri 13 May, 2022
Key View:
- We expect China's corn output growth to ease to 1.3% y-o-y in 2022/23, with short-term production risks accumulating on the downside.
- Stronger corn production growth of 4.60% y-o-y in China in 2021/22, consistent with the Fitch Solutions forecast of 4.56%, was driven by an expansion in harvested area of over 2mn hectares.
- On the