# China's Q1 soybean, grains imports surge on strong demand

> China's soybean imports almost doubled year on year in March, as cargoes from top exporter Brazil cleared customs after earlier delays. First-quarter corn and wheat shipments also rose as elevated domestic corn prices amid a supply shortage drew in imports.

- Date: 2021-04-13 · published 2021-04-13T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/11178-china-s-q1-soybean-grains-imports-surge-on-strong-demand
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong Chinese import demand tightens global export availability for soybeans, corn and wheat, supporting prices. Import pull for feed grains is especially supportive for feed buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-07-16 | [Soybean Rises on Stronger Chinese Demand](https://feedsoft.ai/events/52164-soybean-rises-on-stronger-chinese-demand.md) | +1.5% | +0.5% |
| SOY | 2020-03-06 | [China grants duty exemption on U.S. soybean imports - sources](https://feedsoft.ai/events/53996-china-grants-duty-exemption-on-u-s-soybean-imports-sources.md) | -3.8% | -3.4% |
| SOY | 2023-01-17 | [China’s December soybean imports jump](https://feedsoft.ai/events/37768-china-s-december-soybean-imports-jump.md) | -3.1% | +0.3% |
| SOY | 2022-10-24 | [China's monthly soybean imports jump \| World Grain](https://feedsoft.ai/events/14892-china-s-monthly-soybean-imports-jump-world-grain.md) | -0.6% | +2.3% |
| SOY | 2019-10-23 | [Soybeans pare gains after surge on China demand prospects \| Financial Post](https://feedsoft.ai/events/56613-soybeans-pare-gains-after-surge-on-china-demand-prospects-financial-post.md) | -1.7% | -2.4% |
| CORN | 2020-12-09 | [China’s Grain Imports Surge 30% on Rising Livestock Demand - Caixin Global](https://feedsoft.ai/events/49503-china-s-grain-imports-surge-30-on-rising-livestock-demand-caixin-global.md) | +1.3% | +9.8% |
| CORN | 2020-08-26 | [China’s demand for feed grains on the rise \| Feed Strategy](https://feedsoft.ai/events/51597-china-s-demand-for-feed-grains-on-the-rise-feed-strategy.md) | +1.5% | +7.0% |
| CORN | 2020-09-11 | [China maintains strong demand for U.S. corn, soy: USDA](https://feedsoft.ai/events/50982-china-maintains-strong-demand-for-u-s-corn-soy-usda.md) | +4.5% | +5.3% |

## Sources

- reuters.com: https://www.reuters.com/article/china-economy-trade-soybeans-idUSL1N2M606R/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.