China is using more corn for industrial products
2009
Gale, H. Frederick
Use of corn to make starch, sweeteners, ethyl alcohol, and other industrial products has accounted for most of the growth in China's corn use over the past decade. Despite the surge in industrial use, China still has a surplus of corn. The country's exports of cornbased industrial products have grown as exports of unprocessed corn receded. Industrial processing was encouraged by government policy early in the decade. Industrial processors in China benefited from policies that kept domestic corn prices from rising in 2007/08, but many experienced losses in 2008/09 when demand slowed and the government supported corn prices.
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