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China corn output to hit record

09/11/2013 @ 7:43am

China's corn output this year is likely to rise 4.6% to a record 215 million metric tons, the Asidake Financial News website reported Wednesday, citing a forecast by the state-backed China National Grain and Oils Information Center.

Rice production may slip 1% from last year to 202 million tons due to drought, it said.

The government has said it expects the overall grain harvest this year to rise to a record from last year's 589.57 million tons. That figure includes wheat, corn and rice.

Soybean output may fall 4.2% to 12.5 million tons, the report said. China imports around 80% of its soybeans.

Write to Chuin-Wei Yap at chuin-wei.yap@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

September 11, 2013 04:44 ET (08:44 GMT)

DJ China 2013 Corn Output Seen At Record 215 Million Tons -Report->copyright

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