China Enters Peak Season for Corn Purchases Corn prices and domestic sales volume in northern and northeastern China, the country's major corn production areas, have increased recently. By the week of 25 March, local growers in Northeast China reportedly had sold 40 percent of their crops (versus 20 percent a month ago), and northern growers had sold nearly 70 percent. A large amount of crops from Northeast China with high moisture content flowed into the market by the end of March, leaving a significant price increase in dried corn.However, increasing corn prices and weak demand for processed products have greatly diminished processors' profit margins. During the last week of March, the profit margin for starch processing in Shandong fe...