China’s grain exports are forecast to increase rapidly this year due to favourable prices and growing global demand, despite transportation problems related to the outbreak of SARS.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

COFCO, China’s top state-owned grain trading firm, is expected to export at least 1.2 million tonnes of wheat, five million tonnes of corn and 1.7 million tonnes of rice this year, reported Reuters, citing the China Daily.

This compares to 700,000 tonnes of wheat, 3.95 million tonnes of corn and 1.66 million tonnes of rice that COFCO exported last year.

Transportation has been complicated due to disinfection requirements introduced to combat the spread of Severe Acute Respiratory Syndrome, or SARS. Business operations have reportedly returned to normal since the end of May and COFCO has been communicating with local governments to ensure that SARS does not affect domestic grain trade.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now