China’s Corn Under Extreme Weather Threat China's corn production is currently under pressure due to extreme weather events in the country.
Still, as it seems this might not be enough to even lift prices up a little bit. Local prices have ticked higher since the end of September, but they’re still close to four-year lows.
Stockpiles of corn are plentiful, and demand is currently sluggish as the second-largest economy of the world battles its own economy demons at the moment.
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China’s Corn Under Extreme Weather Threat // Bad News Again for Orange Production