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China Auctions 630,000 MT Rice From Stocks
Posted on Friday, September 22 @ 08:39:00 CDT by ricenews

China RiceChina Rice

China's Jilin province auctioned 630,000 MT of old crop rice and 378,000 MT of old crop corn to ethanol and feed producers Thursday, a trader at auctioneer Jilin Grains Center said Friday.

China's rice and corn production is expected to rise to 181 million tons and 141 million tons respectively in the 2006/2007 marketing year, which runs from October to September, according to China National Grain and Oils Information Center, a major government backed think-tank.

 
 

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