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Letzte Aktualisierung: April 14, 2022

Corn: Potential crop failure could impact global market

A picture from better times: Corn harvest in Jilin in 2012
The next few weeks will be crucial for China's spring sowing season. But Beijing's zero-covid strategy hits the agricultural sector hard. In the northeastern province of Jilin in particular, where a lot of corn is grown, sowing might not happen at all this year. This adds to the problematic situation around the world.
Ning Wang
Ning Wang
Not just in Shanghai, but also in the province of Jilin, lockdowns have been in effect indefinitely for weeks now. This threatens to cause crop failures, which could further exacerbate the supply situation. Jilin, which is known for its highly fertile soils, accounts for about ten percent of the national corn harvest. Food prices, which have already climbed due to higher energy prices, could rise even further as a result of crop failures.
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