China urges cornbelt regions to offer subsidies to boost use -sources

Feb 8 Beijing is urging regional authorities in the nation’s top four corn producing regions to offer subsidies to livestock feed companies, the latest move to boost demand for a bumper crop, according to a source briefed on the matter. The country’s State Administration of Grains and the Ministry of Finance issued a joint document dated Jan. 13 outlining the recommendations to northeastern regions of Heilongjiang, Inner Mongolia, Liaoning and Jilin, according to the source and local media.