China is reportedly preparing to sell aging stockpiles of corn to companies to churn out products such as ethanol or starch, according to a report by Reuters. The move would come even as a stockpiling scheme to support farmers is expected to add record amounts of new grain. The government has yet to finalize the volume or prices for the sales but did ask selected firms to take part. China is the world’s largest buyer of corn and corn substitutes and any significant change in grain use could impact demand for imports. Beijing is holding about 10 million tons of aging corn that has been stored for more than three years. China has more than 200 million tons of corn stored overall or more than one-years’ worth of consumption. The upcoming sales would be months earlier than the government’s regular annual sales which usually begin after April.