October 2, 2020
Dermot Hayes, distinguished professor, was interviewed for an Oct. 1 KIWA Radio story, "Iowa Farmers Can Benefit From China's Demands For More Grain."
“They had been running at a deficit for several years by consuming way more corn than they produced and they did that by getting into their stocks,” Hayes says. “Then COVID has convinced them to rebuild those stocks rather than to deplete them and so that has created a scarcity there and an opportunity for us.”