The Well News published an article summarizing a meeting at the National Press Foundation. One expert fears that increasingly high demand for grain worldwide coupled with China’s step-up in purchasing, stockpiling, and agricultural subsidizing could disrupt global grains prices and availability and influence grain distribution around the world. “[These policies] give China an inroad into global grains trade in a way that hasn’t been seen in decades. However, senior research fellow Joseph Glauber disagrees that China’s policy will create global distress. “This year is a challenge. Demand has increased. But long-term outlooks suggest demand for feed grains decline over the next few years. China’s incredible growth hasn’t starved the world. There are many challenges out there in the world, but I don’t think China is a single driver.”
China’s food security policies could endanger others (The Well)
August 10, 2021