Q&A on China's Corn Subsidy
China's corn farmers can expect to continue receiving their subsidy payments in the future as subsidies tied to acreage planted in specific crops become one of China's main subsidy strategies, according to a recent online article posted on numerous agricultural news sites in China. It is clearly tied to the amount of corn grown, unlike the first round of grain subsidies that began in 2004. The article provided answers to 10 questions to help farmers understand the corn subsidy payment. 1. Will this be the last year for the corn subsidy? A: This is the third year of the subsidy's 3-year trial, but it is likely to continue in future years. Indeed, it may become a common subsidy measure that covers all crops (it already covers corn, soybeans, and rice). 2. When is the land area for the corn producer subsidy verified? A: Each year by June 30. The subsidy funds are distributed by September 30. 3. How much is the subsidy? A: The amount varies by province and year. Dur...