Corn is widely planted in the world, playing an important role in grain production. Corn deep processing products are starch, derivate protein powder, corn germ oil, fiber, degenerated starch, alcohol, starch syrup and monosodium glutamate. Corn is focused on due to its recycling advantage and large yield. Corn processing industry is known as gold industry.
China's corn processing industry has developed rapidly since 2000 but the industry lacked a rational plan during the first five years of development. The government has woken up to this and has implemented control measures for the industry. I think if industrial corn consumption is capped at below 26% of total corn consumption, corn processing will not endanger grain supply safety.In order to adjust the industry's structure, the government will eliminate 42 small-scale starch enterprises with annual production capacities below 30,000 tonnes over the 2005 to 2010 period.
The best way to solve the problem of corn supply should be to increase corn output by boosting corn yields, and to increase the corn utilization ratio or, in other words, to economize corn use during processing.
It is predicted that Chinese government will continue supporting corn processing industry according to market development and gradually strengthen leading impact on the market to promote development of corn processing industry.
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