Sinograin to Secure Corn Procurement for Reserves Sinograin has repeatedly improved corn procurement in north and northeast China since last fall. Further, it is estimated that by end of February, the total purchase volume reached 12.61 MMT. However, due to the high moisture content and lower quality of corn this year, Sinograin has had to lower procurement standards, especially in northeast China. Industry insiders said that the corn quality Sinograin purchased this year is lower than last year's and that it might end up selling the grain to industrial processors in the future. In addition, Sinograin claimed that about 2.5-3 MMT of the corn imported to China have been set aside for reserve stockpiles.Sinograin, China's grain reserves co...