Mon, Mar 30, 2009
Peter McCornickOkay, another question?
AudienceI have a question for Quiqiong Huang. In terms of, in your last slide, you mentioned the supply response in international markets. And I was wondering to what extent you'd looked at that in terms of what this means in the international markets and what that response is, what the effects of that response is likely to be, because my concern is lots of countries are making the same assumption, and what this might mean globally.
Qiuqiong HuangThis is actually not my own research, so I don't really know much about it. But I know Paloma and James Hanson and [?], they did, they used a China model, VRS [?], to look at what happens if they irrigate the [inaudible], what's going to happen. And what they see is that actually, in other regions of China and in USA there's going to be increased production of wheat, if North China is going to reduce what production. But I don't remember the exact number.