China is expected to stop its plans for stockpiling corn as early as next year, as the country struggles to sell-off huge reserves, according to an article by Reuters (http://reut.rs/…).
China has not been entirely successful in its recent efforts to auction off their glut of corn and other feed grains. Much of the grain up for auction has been of poor quality, only suitable for non-food use.
Such a move would follow the end of similar programs for cotton and soybeans, which are both being switched to new systems involving direct subsidies for farmers.
If China ends ...