Monday, March 7, 2022

Food Crisis To Worsen: China warns Winter Wheat Crop Could Be Worst In History

FOOD CRISIS ABOUT TO GET WORSE… CHINA WARNS WINTER WHEAT CROP COULD BE WORST IN HISTORY!


The condition of China’s winter wheat crop could be the “worst in history,” the agriculture minister said on Saturday according to Reuters, raising concerns about grain supplies in the world’s biggest wheat consumer. Speaking to reporters on the sidelines of the Chinese regime’s annual political meetings, Minister of Agriculture and Rural Affairs Tang Renjian said that heavy rainfall last year delayed the planting of about one-third of the normal wheat acreage.

A survey of the winter wheat crop taken before the start of winter found that the amount of first- and second-grade crop was down by more than 20 percentage points, Tang said.

“Not long ago we went to the grassroots to do a survey and many farming experts and technicians told us that crop conditions this year could be the worst in history,” he said. “This year’s grain production indeed faces huge difficulties.”

As the Epoch Times notes, the minister’s comments underscore concerns about China’s grain supply at the same time as the war between Russia and Ukraine, which together account for about 29% of global wheat exports, has disrupted supplies causing wheat prices to surge to 14-year highs.

However, Tang is confident China can ensure a bumper harvest of summer grain thanks to strong policy and technical support and the improving crop condition for the grain.

Fueled by the Ukraine crisis, wheat prices in China soared to a record this week on existing domestic supply worries.

Tang’s comments also come as Beijing has refocused on food security, a long-standing priority for the central leadership that has become increasingly prominent in policy since the COVID-19 pandemic began in early 2020.

China’s state planner said in its own report at the parliament meeting that grain supply remains tight, despite consecutive good harvests in recent years. To address the issue, the National Development and Reform Commission’s (NDRC) report said China will ensure that grain acreage for the year stays above 117.33 million hectares (289.93 million acres).

China will also increase the production of soybeans and other oil seed crops, the NDRC said, reiterating top policy priorities in the farm sector. The country will also build up momentum to increase corn output, it said.

China’s corn imports surged to a record last year, amid soaring domestic prices and low inventories.

China will guarantee the supply-demand balance of grain, edible oil, cotton, sugar and fertilizers through the effective use of reserves and imports, the NDRC said.







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