Taiwan aims to increase the planted area of field corn from 15,000 to 30,000 hectares
Market & Price Trends
Published Mar 6, 2022
In order to stabilize the field corn prices and respond to the rising international prices caused by the war, the COA aims to increase the planted area of field corn from 15,000 hectares, with an annual output of about 71,000 MT, to 30,000 hectares. Contract farming price has been raised from USD 0.32 per kg to USD 0.43 per kg, At present, the volume of Taiwan's reserve field corn stock is 2.26 million MT, and supply is still stable for at least half a year.