Interesting Stuff On China
A report on Reuters today says that Chinese urban dwellers will outnumber those living in rural communities for the first time ever by as soon as 2015.
The growth in the urban population means that more Chinese are turning from being net producers to net consumers of grains. By 2020 Chinese grain demand will be close to 575 MMT, more than 40 MMT above the current level of production, according to the report.
That also assumes of course that we believe the government's production numbers. The pursuit of the government's so-called "safe meat" policy could accelerate this growth in grain consumption further, as the feeding of proper manufactured feed becomes more widespread.
The growth in the urban population means that more Chinese are turning from being net producers to net consumers of grains. By 2020 Chinese grain demand will be close to 575 MMT, more than 40 MMT above the current level of production, according to the report.
That also assumes of course that we believe the government's production numbers. The pursuit of the government's so-called "safe meat" policy could accelerate this growth in grain consumption further, as the feeding of proper manufactured feed becomes more widespread.