China's growing demand for meat protein is forcing its livestock sector closer to a "western" style ration, and that means China's demand for corn may be higher than analysts have been predicting. Bill Cordingley, a native of Australia who now heads Rabobank International's economic analysis unit, says China could need as much as 80 million metric tons of corn/year. He made these comments during a presentation sponsored by Rabobank at this year's Cattle Industry Convention in Denver.
This is the first installment in a three-part series with Bill Cordingley.
Part 2: China's Beef Demand–Demand Grows, Imports Grow.
Part 3: China's Beef Demand– Growth vs. Imports.