China: China Major Crop Planting Seeds Supply and Demand Forecast for 2024-2025 Released

  |   Attaché Report (GAIN)   |   CH2024-0152
On October 30, 2024, the National Agriculture Technology Extension Service Center (NATESC) of the Ministry of Agriculture and Rural Affairs (MARA) released its supply and demand forecast for major crop seeds (i.e., rice, corn, wheat, soybean, cotton, and rapeseed) for Marketing Year (MY) 2024/25 at the National Seed Information Exchange and Commodity Trading Fair. Although changes across different commodities exist, overall seed production remains higher than the five-year average due to good growing conditions in 2024. High beginning seed stocks and strong production suggest an oversupply of seed for many commodities in 2025.

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