China has accumulated more than half of the world's grain reserves

Published Dec 29, 2021

Tridge summary

China has managed to accumulate more than half of the world's reserves of corn and other grains. This has led to a sharp rise in global prices and famine in some countries. This was reported by UNIAN to the publication NIKKEI Asia.

Original content

China has managed to accumulate more than half of the world's reserves of corn and other grains. This has led to a sharp rise in global prices and famine in some countries. This was reported by UNIAN with reference to the publication NIKKEI Asia. It is noted that China maintains its food reserves at a historically high level. Its wheat reserves can meet domestic demand for a year and a half. According to the US Department of Agriculture, China is expected to concentrate 69% of the world's corn, 60% of rice and 51% of wheat in the first half of 2022. The food price index, calculated by the Food and Agriculture Organization of the United Nations, was ...
Source: Agropolit
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