# Strong Asian rice demand for animal feed sparks food supply worries

> Surging wheat and corn prices are pushing Asian animal feed buyers toward low-grade broken rice for livestock rations. Importers in China, the largest feed market, are negotiating extra volumes of broken rice to fatten hogs and other animals.

- Date: 2022-03-16 · published 2022-03-16T12:00:00.000Z
- Category: trade · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/11337-strong-asian-rice-demand-for-animal-feed-sparks-food-supply-worries
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Substituting broken rice for wheat and corn in feed tightens rice supplies and lifts rice prices while corn and wheat remain elevated. Feed buyers face higher costs across grain-based rations.

## Read by commodity

- CORN: bullish ▲
- RICE: bullish ▲
- WHEAT: bullish ▲
- BARLEY: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-10-29 | [Wheat set for best monthly rise since April on strong demand, supply crunch \| Financial Post](https://feedsoft.ai/events/44578-wheat-set-for-best-monthly-rise-since-april-on-strong-demand-supply-crunch.md) | +9.5% | +8.6% |
| WHEAT | 2020-08-31 | [Russian Wheat Prices Jump With Global Benchmarks And Strong Demand \| ESM Magazine](https://feedsoft.ai/events/51464-russian-wheat-prices-jump-with-global-benchmarks-and-strong-demand-esm-magazine.md) | -2.6% | +6.6% |
| WHEAT | 2020-09-15 | [Strong demand from buyers strengthens the price for black sea wheat](https://feedsoft.ai/events/51154-strong-demand-from-buyers-strengthens-the-price-for-black-sea-wheat.md) | -0.8% | +7.8% |
| WHEAT | 2020-11-20 | [Feed weekly outlook: Export demand supports grain prices - Grainews](https://feedsoft.ai/events/50227-feed-weekly-outlook-export-demand-supports-grain-prices-grainews.md) | -2.9% | +4.7% |
| WHEAT | 2018-01-11 | [Sustained Demand for U.S. Wheat in a New Price Environment - U.S. Wheat Associates](https://feedsoft.ai/events/67015-sustained-demand-for-u-s-wheat-in-a-new-price-environment-u-s-wheat-associates.md) | -0.4% | +6.0% |
| CORN | 2021-10-29 | [Wheat set for best monthly rise since April on strong demand, supply crunch \| Financial Post](https://feedsoft.ai/events/44578-wheat-set-for-best-monthly-rise-since-april-on-strong-demand-supply-crunch.md) | +2.9% | +7.8% |
| CORN | 2020-10-03 | [Strong export demand supports prices for grains - High Plains Journal](https://feedsoft.ai/events/11637-strong-export-demand-supports-prices-for-grains-high-plains-journal.md) | +0.6% | +5.8% |
| CORN | 2021-02-02 | [Corn Rally Sparks Worry for Food Ingredients Sector \| CZ app](https://feedsoft.ai/events/48966-corn-rally-sparks-worry-for-food-ingredients-sector-cz-app.md) | +0.4% | -3.9% |

## Sources

- euronews.com: https://www.euronews.com/2022/03/16/global-food-rice-analysis
- euronews.com: https://www.euronews.com/next/2022/03/16/global-food-rice-analysis
- reuters.com: https://www.reuters.com/business/strong-asian-rice-demand-animal-feed-sparks-food-supply-worries-2022-03-16/

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