BEIJING, CHINA — China imported a record amount of grains in 2020 customs data showed, Reuters reported.
The nation bought 11.3 million tonnes of corn, exceeding the annual quota, set at 7.2 million tonnes, for the first time. It also imported a record 8.38 million tonnes of wheat. The quota for that crop was set at 9.64 million tonnes.
In 2019, China only used 67% of its annual quota for corn and one-third of its quota for wheat, Reuters reported.
China has been buying more global grains due to demand from the recovering pig sector and a lack in domestic corn supplies.