BEIJING, CHINA — Good growing conditions and more planted acreage is expected to boost China’s grain harvest in the coming weeks, Reuters reported, citing the nation’s minister of agriculture and rural affairs.
However, Minister Han Changfu said recent typhoons could reduce corn production by nearly 4%, or 10 million tonnes. Corn futures have reached a record high.
The minister did not say which crops are expected to see a boost, but said the overall planted acreage of fall grain had increased by 8% this year, Reuters said. Along with corn, China harvests soybeans and rice in the fall.