China will offer 5.32 million tons of corn from State reserves this week. 39% are more than in the last week, as 429.500 tons were outsourced. That was slightly more than in the week before. Most of the sales took place in the province of Jilin; This is the second-largest corn growing area in the country. Obviously, the lower subsidy price leads to a smaller acreage.
Already in April the sales from the Interventionslägen started, a month earlier than usual, because the State warehouses are overflowing and aims for the next harvest square. However, also offers were more expensive than importing grain in the international market in the past week. Beijing has recorded in the Vermarktungssaison 2014/15 82 million tons of maize for subsidized rates. Since 1 may apply new acceptance conditions at low prices.