Potential changes to China’s farm subsidies, which would allow market forces to have more influence over domestic crop prices, could result in substantially lower state stockpiling of many agricultural commodities. This could release a significant amount of supply onto global markets, or at least reduce China’s demand for imports, putting downward pressure on prices over the next few years.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.