According to Caixin, China is expecting a shortfall in production compared to the demand for corn as the nation’s spring plowing season began amid a raging COVID-19 resurgence.
The gap between production and demand for corn this year is projected to be more than 20 million tons, excluding the sales of temporary corn reserves.
Citing data from Mysteel, Caixin reported that in the 2021/2022 timeline, China’s output of corn will be 255.97 million tons. Meanwhile, the overall demand is estimated to be 280.02 million tons.
About the growing gap, Li Hongchao, a corn analyst at the Agricultural Products Division of Shanghai Ganglian, told Caixin the COVID-19 pandemic during the plowing season has played a role.
Li Hongchao said that the logistics of the main grain-producing regions of Northeast and Northern China were restricted. As a result, the transportation of seeds, agricultural materials, and other items was delayed. The epidemic control measures also constrained the flow of production personnel and supply of machinery.
At a teleconference on April 1, Hu Chunhua, member of the Political Bureau of the CCP Central Committee and Vice Premier of the State Council, confirmed a gap in demand and output of corn. He said it was important that crops do not miss the farming time to plant while battling the pandemic.
He added that the regions with declining corn-sown zones need to speed up recovery. The southwest and northwest areas should expand production, while the northeast and Huanghuaihai areas ought to maintain stability.