China cuts forecast for sugar production on 2022/2023, maintains estimate for soybean
Maize (Corn)
Published Mar 9, 2023
Tridge summary
BEIJING (Reuters) - China's Ministry of Agriculture on Wednesday cut its outlook for the country's sugar output by 7.2% to 9.3 million tonnes, due to unfavorable weather that has affected producing regions in the 2022/2022 season. 23.
China still maintained the soybean crop projection at 20.29 million tons in 2022/23, versus 16.4 million last season.
The expectation for corn was also maintained at 277.2 million tons, versus 272.55 million in the previous year.
Corn sales are accelerating as the weather warms, the report adds, but hog and poultry demand remains weak.
(Reporting by Qin Ningwei)
Original content
BEIJING (Reuters) - China's Ministry of Agriculture on Wednesday cut its outlook for the country's sugar output by 7.2% to 9.3 million tonnes, due to unfavorable weather that has affected producing regions in the 2022/2022 season. 23. China still maintained the soybean crop projection at 20.29 million tons in 2022/23, versus 16.4 million last season. The expectation for corn was also maintained at 277.2 million tons, versus 272.55 million ...
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