China corn import estimates raised 20% on sorghum investigation.

Fallout from China’s investigation into subsidies in US sorghum exports is expected to boost China’s imports of corn by 20%. Corn imports were increased 300,000 mt to 1.5 million mt with the report citing the investigation into sorghum as the reason for the hike, while an increase in pig breeding saw the overall corn demand increased. Overall corn demand was revised upwards to 222.11 million mt, an increase of 1.15 million mt versus the January estimate, with the entire increase coming in the feed corn demand section. Food, industrial and seed demand were left unchanged at 7.89 million mt, 63 million mt and 1.59 MMT.