# China's food security dream faces land, soil and water woes | Reuters

> China's agriculture ministry projects corn imports will fall 75% to 6.8 million tons over the decade to 2033, and wheat imports will drop 60% to 4.85 million tons. Soybean imports are projected to fall 21% to 78.7 million tons in the same period.

- Date: 2024-05-23 · published 2024-05-23T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/14750-china-s-food-security-dream-faces-land-soil-and-water-woes-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Official plans for lower Chinese grain and oilseed imports reduce long-term structural demand for US, Brazilian and Black Sea exports. This is bearish for feed grain and soybean prices over the long run.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-01-19 | [GM Soybeans And China’s Food Security Dilemma - Jamestown](https://feedsoft.ai/events/14785-gm-soybeans-and-china-s-food-security-dilemma-jamestown.md) | +0.8% | -6.7% |
| CORN | 2025-08-07 | [China wants fewer pigs \| Reuters](https://feedsoft.ai/events/23299-china-wants-fewer-pigs-reuters.md) | -1.1% | +3.9% |
| CORN | 2021-08-04 | [China intervenes to manage commodity prices \| Reuters](https://feedsoft.ai/events/45860-china-intervenes-to-manage-commodity-prices-reuters.md) | -1.0% | -3.1% |
| CORN | 2024-11-26 | [China's yuan slides to four-month low on Trump's tariff promise \| Reuters](https://feedsoft.ai/events/27628-china-s-yuan-slides-to-four-month-low-on-trump-s-tariff-promise-reuters.md) | -0.6% | +4.7% |
| CORN | 2021-09-23 | [China lowers 2021-2025 sow herd target, seeks to stabilise pork prices \| Reuters](https://feedsoft.ai/events/45062-china-lowers-2021-2025-sow-herd-target-seeks-to-stabilise-pork-prices-reuters.md) | +1.3% | +2.0% |
| WHEAT | 2022-09-10 | [The UN-brokered Black Sea Deal and Impacts on Global Food Security - United States Department of State](https://feedsoft.ai/events/14459-the-un-brokered-black-sea-deal-and-impacts-on-global-food-security-united.md) | -0.5% | +4.9% |
| WHEAT | 2022-12-01 | [Soybeans slide lower on biodiesel woes – The Seam](https://feedsoft.ai/events/9755-soybeans-slide-lower-on-biodiesel-woes-the-seam.md) | -9.9% | -2.4% |
| WHEAT | 2020-01-07 | [China won't hike grain import quotas for U.S. trade deal: Caixin](https://feedsoft.ai/events/54941-china-won-t-hike-grain-import-quotas-for-u-s-trade-deal-caixin.md) | +1.5% | -3.3% |

## Sources

- reuters.com: https://www.reuters.com/world/china/chinas-food-security-dream-faces-land-soil-water-woes-2024-05-23/

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