China has accumulated 140 million tons of wheat, more than the rest of the world has stored
Wheat
China
Published Jun 12, 2022
Tridge summary
"U.S. data Foreign Agricultural Service report that grain reserves held in Chinese silos currently exceed 140 million tons. All the wheat reserves of the rest of the world do not reach the quantity stored in the Asian country ". Paolo Caruso writes it on @ ltroPensiero.net. Of course, the quantity of grain stored by the Chinese is impressive, but we told something like this last January 16th in an article focusing precisely on the great Chinese activism in the international cereal markets (and, perhaps, not just cereals): "China fears climate change and pandemics and is grabbing 69% of the corn, 60% of the rice and 51% of the wheat produced in the world". Also for Caruso - Agronomist and External Consultant of the Department of Agriculture, Food and Environment of the University of Catania, a professional whom we esteem for his great knowledge of agricultural problems - China's activism in food markets is nothing new: "Based on what Nikkei Asia wrote in December 2021, in an article entitled 'China hoards over half the world's grain, pushing up global prices, we underlined the great activism of the Chinese authorities regarding the purchase of foodstuffs, especially cereals, with an intensity never recorded in the past ". Caruso again: "Before the outbreak of the conflict between Russia and Ukraine, large Chinese purchases were mostly attributed to the increase in the income capacity of the Chinese people and therefore to an increase in demand for quality food, or to the fear that geopolitical instability led to phenomena of stiffening of exporting countries with consequent shortages of food raw materials, which have always provided the pretext for socio-political revolutions in China. What has been historically demonstrated, on the other hand, is the obsession of Chinese governments with the problem of food security, that is the ability of a people to equip themselves with the availability of adequate food supplies, to support the constant increase in food consumption and to compensate for fluctuations in the food supply. production and prices. To cope with this danger, in recent years the Chinese authorities have adopted an aggressive policy of 'land grabbing' towards African countries, which have now become real food colonies ".
Original content
"U.S. data Foreign Agricultural Service report that grain reserves held in Chinese silos currently exceed 140 million tons. All the wheat reserves of the rest of the world do not reach the quantity stored in the Asian country ". Paolo Caruso writes it on @ ltroPensiero.net. Of course, the quantity of grain stored by the Chinese is impressive, but we told something like this last January 16th in an article focusing precisely on the great Chinese activism in the international cereal markets (and, perhaps, not just cereals): "China fears climate change and pandemics and is grabbing 69% of the corn, 60% of the rice and 51% of the wheat produced in the world". Also for Caruso - Agronomist and External Consultant of the Department of Agriculture, Food and Environment of the University of Catania, a professional whom we esteem for his great knowledge of agricultural problems - China's activism in food markets is nothing new: "Based on what Nikkei Asia wrote in December 2021, in an ...
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