China increasing grain imports, as ethanol growth slows

In China, a result of the country’s decision to reduce corn-based ethanol production for the next five years, it will instead have to boost its imports of animal feed due to a decline in DDGS production. Imports could jump to 6 million tonnes in the next four years, double that of 3.1 million tons imported during 2009/10. Of the total, research from Shanghai JC Intelligence Co. on behalf of the US Grains Council shows that as much as 42% of imports could come from the US.