Pig International - November 2012 - 6
China pork demand could lead
to record corn imports
Market Data expanded to include more
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Behind a great
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stands a great
If current trends in China's pork production and
industrialization continue, the country's corn
imports could approach 20 million metric tons
per year within a five-year time frame, according to a report released by Rabobank's Food and
Agribusiness Research and Advisory Group.
China has recently been importing over 0.4
million metric tons of pork per year, in a world
market with trade of less than 7 million metric
tons per year. China is likely to continue to be an
importer of both pork and corn for the foreseeable future, said Rabobank, but how much of
each will depend on improvements in the supply
chain. China's pork supply chain is in a transition period, shifting from traditional household
farming to modern commercial systems. While
both farms and processing plants are growing
in size, coordination between the two remains
undeveloped, according to the report.
The pace and success of the industrialization
that is taking place across China's pork sector
will be a major determinant of whether China
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www.WATTAgNet.com | November/December 2012