Monday, 18 April 2011
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China Said to Ensure Corn Demand by Curbing Industrial Use
China, the second-biggest corn user, is taking steps to limit consumption in the biochemical and sweetener industry to ensure supply for livestock farmers, said three people who received a government document on the matter. Processors will be barred from buying more corn than their consumption level in 2009 and the government will increase value-added taxes on corn-based products, said the
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