Why projections of China's feedgrain demand and supply differ: a review

Abstract

In the past two decades, feedgrain consumption in China has increased rapidly. China’s fast rising demand for feedgrains has attracted much attention from both academia and government departments within and outside China. Consequently, there have been a number of studies that attempt to examine and forecast China’s feedgrain demand and supply. However, large discrepancies exist in projections on China’s feedgrain demand and supply. In this paper, we review some of the major projections and explore the reasons for discrepancies between projections. We then establish areas where attention should be given in future studies in order to produce more realistic projections on China’s feedgrain demand and supply.