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AgriChina Investor 1202

date Published Date:1 Feb 2012
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Editor's Note
date Published Date: 25 Dec 2025
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In 1994, Lester Brown wrote a book, "who will feed China", predicting that China would turn to international grain markets to meet the expanding food demand with its increasing population. Many people opposed Lester Brown's view at that time. However, over ten years have passed, people in China have turned to agree with that view. Ensuring enough food for over 1.3 billion people may be the most important task for Chinese government.

 

China has carried out many measures to increase domestic grain production and will surely take more in the future. However, the country still has to import lots of agricultural produces to meet the strong demand in domestic market, even under the condition of its record high grain production in 2011. China's import value of agricultural produces rose sharply by 30.8% to USD94.9 billion in 2011, expanding the trade deficit to USD34.2 billion, up 47.4% year on year, and this momentum is expected to continue in the future.

 

According to the target released by the government in 1996, China's grain self-sufficiency rate should not be lower than 95%. However, if edible oil seeds are involved in the statistics, China has failed to achieve this goal. China imported over 60 million tonnes of grain (edible oil seeds included) in 2011, equaling to over 10% of the grain produced in China in the same year. Besides, the import of corn has surged sharply in recent two years, although it only accounted for a small market share of the consumption in China.

 

It seems inevitable for China to turn to the global market for grain supply. The question is: will the global market have enough grain to meet its huge appetite?

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Investment Dynamic
date Published Date: 24 Dec 2025
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  • Multinational companies eye coffee market in China
  • Pengxin seeks overseas expansion in dairy industry
  • Xinjiang Chalkis and Yihai Kerry failed in further cooperation
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Market Watcher
date Published Date: 24 Dec 2025
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  • Who will be the RMB10 billion pesticide player in China
  • 2011 Import of agricultural produces surges in China
  • Scale breeding to play more important role in China's pig industry
  • Chinese rapeseed industry confronting serious loss
  • Profits of Chinese dairy industry up 34.70% in 2011
  • Pesticide demand expected to increase by 4.37% in 2012
  • China raises grain purchasing price in 2012
  • 2011 trade of aquatic products maintains fast growth in China
  • Brand value of Yantai apple rises to USD1.46 billion
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Expert View
date Published Date: 24 Dec 2025
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  • Organic agriculture investment: Only looks nice in China?
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Investment Environment
date Published Date: 24 Dec 2025
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  • China released Draft of Grain Law to safegurad grain security
  • China instructs development of potato industry till 2015
  • Agricultural insurance in China to be promoted by policy support
  • Agricultural logistics' problems become increasingly prominent
  • 2011 Feed output in China hits 169 million tonnes
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Special Report
date Published Date: 24 Dec 2025
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  • Chinese delegation signs agreements to purchase U.S. soybean
  • China aims to raise sugar self-sufficiency rate to 85% by 2015
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Industry Discovery
date Published Date: 24 Dec 2025
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    Market Review
    date Published Date: 24 Dec 2025
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      Brief News
      date Published Date: 24 Dec 2025
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