Jun 28 2007 | China, Peoples Republic of | Corn Production Estimates
Highlight: As farmers discount the marginal cost of labor and land, the key factor in determining production are out-of-pocket expenses, or material inputs and services. These are an estimated $63/MT providing approximately $65/MT to the farmer based on a farm gate price of $135/MT. With an average farm size of 0.25 Ha, and a yield of 5.12 MT/Ha, the average on farm income from corn is $175/yr or almost $83/yr after out-of-pocket expenses.
CH7031 | View the Acrobat version | Download the MS Word version
Mar 7 2007 | China, Peoples Republic of | Annual
Highlight: China¡¯s total grains output rose in MY06/07 over the previous year as a result favorable weather and increased acreage. Increased acreage was in response to higher market prices supported by government programs. Corn production in MY07/08 is forecast at 143 million metric tons (MMT) and corn imports in MY07/08 are forecast at 800,000 MT, driven by growth in the livestock sector and expanded industrial use. Wheat production in MY06/07 is estimated to be 103 MMT, up 6 percent, and rice production for MY06/07 is estimated at 181 MMT, up slightly from the previous year. In MY06/07 and MY07/08 China is estimated to be a net wheat and rice exporter, due to three straight years¡¯ increase in grain production and declining consumption.
CH7015 | View the Acrobat version | Download the MS Word version |
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