China: Grain and Feed Update

Higher feed demand from broiler, aquaculture, and ruminants will push total feed use slightly higher in MY2024/25 with greater corn inclusion into feed rations than previous years. MY2024/25 corn production is forecast larger than MY2023/24 with larger yields. In addition, MY2024/25 production of both sorghum and barley production is adjusted up as farmers look for crops that have better earning potential than corn and soybeans right now. MY2024/25 wheat production is forecast higher, while rice production is forecast lower due to crop damage from heavy rains.