China’s Role in World Livestock and Feed-Grain Markets
Dermot J. Hayes
April 1998 [98-BP 18]
Hayes, D.J. 1998. "China’s Role in World Livestock and Feed-Grain Markets." Briefing paper 98-BP 18. Center for Agricultural and Rural Development, Iowa State University.
Within the next 20 years, China will be transformed from a country unable to meet the basic food needs of its people to one that should be able to provide meat, poultry, dairy products, and even alcohol to a majority of consumers. To achieve this growth, China will need to change many of the food and trade policies that are currently in place. If such change occurs, the United States will experience a large and sustained growth in agricultural exports, and U.S. farmers should temporarily benefit from strong prices. This paper describes the type of policy changes for China that might take place, and what these changes would mean to U.S. farmers.