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The Future of China's Grain Market

Author

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  • Crook, Frederick W.
  • Colby, W. Hunter

Abstract

China's demand for grain is likely to outpace domestic supplies in the next 10 years, according to ERS projections. By the year 2005, China will become a net importer of 32 million metric tons of grain annually. In the last two decades, China's grain trade has expanded dramatically, both as a buyer and a seller. Both China and the United States are major grain producers. How the grain trade between the two nations develops will be important to both agricultural economies. It is doubtful that China's farmers will be able to produce enough grain to keep pace with population gains and increased demand for feed grains to produce meat, eggs, and milk products for consumers.

Suggested Citation

  • Crook, Frederick W. & Colby, W. Hunter, 1996. "The Future of China's Grain Market," Agricultural Information Bulletins 262105, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersab:262105
    DOI: 10.22004/ag.econ.262105
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    References listed on IDEAS

    as
    1. Rozelle, Scott & Huang, Jikun & Rosegrant, Mark W., 1996. "Why China Will Not Starve the World," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 11(1), pages 1-6.
    2. Anderson, Kym & Dimaranan, Betina V. & Hertel, Thomas W. & Martin, William J., 1997. "Asia-Pacific food markets and trade in 2005: a global, economy-wide perspective," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 41(1), pages 1-26.
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    Cited by:

    1. Wang, Haiyan & Malaga, Jaime E., 2015. "Assessing China's Potential Surge on Demand for Grain Sorghum," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196866, Southern Agricultural Economics Association.

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