China’s Shift From Corn to Wheat Could Hamper Imports
May 31, 2023 at 09:28 AM EDT
The second-largest economy is making use of its wheat surplus. China is shifting from corn to wheat for its animal feed market, which could hamper corn imports. Soymeal could also see reduced consumption in this shift, as reported by Reuters. Consequently, it’s not good news for nations like Brazil and the United States — two [...] The post China’s Shift From Corn to Wheat Could Hamper Imports appeared first on ETF Trends .