Benjamin Williams Leader paintings

Benjamin Williams Leader paintings
Bartolome Esteban Murillo paintings

Although China’s corn exports hit a record high of 10.4 million tons in 2000, the government predicts an overall decline for 2001.
Government procurement for corn in the 2000-2001 harvest season was very low. In Heilongjiang province, it was down by 50 percent from 2000. In addition, farmers are reluctant to sell out their reserves since the domestic price of corn is running relatively high. As a result, the government expects a drop in the volume of corn eligible for exports, reported the Feb. 20 Qihuo Ribao (Futures Daily).The State Grain and Edible Oil Information Center has made a contradicting prediction, however, asserting that China will still have an oversupply of corn in 2001 as its production is estimated to reach 133 million tons in the year. A source from the Chicago Mercantile Exchange also told ChinaOnline that he was skeptical about the anticipated drop of China’s corn exports in 2001.