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China's corn imports surged nearly four times on year in May due to the country’s strong feed demand as hog herd recovers and competitive foreign corn prices compared with domestic prices.
China imported 3.16 million tonnes of corn in May, soaring 395.3 per cent compared to the same period last year, showed data released by the General Administration of Customs said on Friday. That brought the country's total corn imports in the first five months of the year to 11.73 million tonnes, more than China's total annual purchase of 11 . . .
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