Agribusiness Expert Sees Big Potential in China for U.S. Corn, Livestock Exports

The urbanization of the Chinese population provides an opportunity for a boost to U.S. agriculture, predominantly among the corn and livestock sectors. A large portion of Chinese citizens live on rural land that is ideal for farming, and with China’s recent encouragement of these people to move into urban areas, there will likely be vast expanses of land available for raising crops and livestock. Speaking at Kansas State University’s 2014 Risk and Profit Center, Dermot Hayes spoke about the potential for agribusiness growth in China, the barriers presented by the Chinese government’s regulation on farmland, and what Chinese investments in U.S. companies means for consumers.

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