# Chinese grain imports seen near record high | The Western Producer

> Cereal and oilseed imports to China are expected to stay near record highs this year despite Beijing's cancellation or postponement of about one million tonnes of Australian wheat and roughly 500,000 tonnes of US wheat. Australian wheat and barley imports in January and February nearly quadrupled from a year earlier.

- Date: 2024-04-04 · published 2024-04-04T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14755-chinese-grain-imports-seen-near-record-high-the-western-producer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong Chinese purchases support global grain and oilseed prices, and lower world prices are drawing buyers back despite the cancellations. Demand from the largest importer keeps prices for corn, soybeans and wheat firmer.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-02-19 | [Record Corn Imports Deepen Pressure on Grain Producers](https://feedsoft.ai/events/20585-record-corn-imports-deepen-pressure-on-grain-producers.md) | +0.6% | +7.4% |
| CORN | 2021-12-16 | [Will China's Imports of Corn Remain High in 2022? \| Feed & Grain](https://feedsoft.ai/events/14971-will-china-s-imports-of-corn-remain-high-in-2022-feed-and-grain.md) | -2.7% | +0.4% |
| CORN | 2024-08-14 | [Urea supply tight as China keeps exports low \| The Western Producer](https://feedsoft.ai/events/28672-urea-supply-tight-as-china-keeps-exports-low-the-western-producer.md) | -0.7% | +0.6% |
| CORN | 2021-01-18 | [China's corn, wheat imports in 2020 reach record highs](https://feedsoft.ai/events/49007-china-s-corn-wheat-imports-in-2020-reach-record-highs.md) | -2.6% | +3.7% |
| CORN | 2021-07-23 | [China’s grain auction and meat production patterns point to rising imports](https://feedsoft.ai/events/46074-china-s-grain-auction-and-meat-production-patterns-point-to-rising-imports.md) | -1.1% | -2.6% |
| SOY | 2024-03-26 | [China 2024 grain imports seen near record high](https://feedsoft.ai/events/14766-china-2024-grain-imports-seen-near-record-high.md) | -2.9% | -3.5% |
| SOY | 2017-11-07 | [China to pledge more US soy imports during Trump visit \| The Western Producer](https://feedsoft.ai/events/67860-china-to-pledge-more-us-soy-imports-during-trump-visit-the-western-producer.md) | -2.1% | +2.5% |
| SOY | 2022-08-16 | [Chinese soybean imports may be poised to rebound, USDA believes - Grain Price News](https://feedsoft.ai/events/40019-chinese-soybean-imports-may-be-poised-to-rebound-usda-believes-grain-price-news.md) | +2.2% | +2.7% |

## Sources

- producer.com: https://www.producer.com/markets/chinese-grain-imports-seen-near-record-high/

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