Contradicting views on China's production
Sowing is underway in China. As local suppliers reckon that the area sown will be 30% smaller than last year rain will, however, be decisive for the development of the crop. Contrary to this, the USDA's Foreign Agricultural Service (FAS) expects the area sown to be similar in size as in recent years at 900,000 ha and production to range on a similar level as last year at 2.7 million mt. Conventional hulled millet is, thereby, trading at USD 1.260/mt FOB Dalian and organic hulled millet at USD 1,330/mt FOB Dalian.