According to the latest news collected daily on grains and oils, there has been a widespread and continuous increase in purchase prices in the main corn producing areas of China in recent times. From the latest monitoring data, the current purchase price of new corn at Guotou Tieling is 2050 yuan, China National Grain and Oil Corporation Yushu is 1920 yuan, China National Grain and Oil Corporation Gongzhuling is 1980 yuan, Jilin Fuel Ethanol is 1940 yuan, and Cargill Biochemical is 1980 yuan.
Among them, industrial consumption of corn continues to maintain rapid growth, with an estimated annual industrial consumption of about 84.5 million tons, accounting for 28.2% of the total domestic corn consumption.
Main products of corn industrial consumption include corn starch, corn protein powder, modified starch, corn syrup, corn oil, edible alcohol, fuel ethanol, glutamic acid, lysine, polylactic acid, xylitol, chemical alcohol, protein feed, fiber feed, and thousands of other varieties. Deep-processed corn products are widely used in textiles, automotive, food, pharmaceuticals, materials, and other industries.
From an industrial structure perspective, the largest demand in China’s corn deep-processing industry comes from corn starch and starch sugar production, accounting for about 55%; alcohol accounts for 26%, MSG for 7%, lysine for 7%, citric acid for 3%, and others for 2%.
As of now, China’s corn starch accounts for 52% of the world’s total production, lysine 60%, MSG 68%, and maltitol 85%.
Of course, the main consumption of the corn market still concentrates in the feed and livestock industry, with an estimated annual feed consumption of 194 million tons, accounting for 65% of total corn consumption.
From this, it is evident that, under the increasingly decayed capitalist society in China, the consumption of corn by the industrial and commercial sectors, represented by the tea beverage industry, is growing larger, which has led to a continuous rise in corn prices in recent years. Meanwhile, the huge demand for corn feed also reflects the current vicious inflation of the livestock industry, with the pig industry being the most prominent. Additionally, according to “Pig Many Network,” in 2024, the top 11 provinces by pig feed production are 15.48 million tons, 14.87 million tons, 10.53 million tons, 10.07 million tons, 9.66 million tons, 9.41 million tons, 7.49 million tons, 7.04 million tons, 5.54 million tons, 5.33 million tons, and 5.30 million tons respectively. Given that corn has long been one of the two main sources of pig feed alongside soybean meal, its proportion in pig feed is quite significant.
In terms of food consumption, this year’s corn consumption for food has slightly increased to 10 million tons, but at the same time, corn losses will reach 9.68 million tons.
Compared to the consumption of corn used for processing and livestock feed, the actual amount of corn available for human consumption is quite small, with most of it being fed to pigs as feed. Such a peculiar scene of pigs eating humans will continue to unfold in China before the fall of its capitalist society. It profoundly illustrates the tragic situation of Chinese workers, now worse than pigs and dogs!
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