# China 2024 grain imports seen near record high

> Cereal and oilseed imports to China are expected to stay near record highs in 2024 despite cancellations of about 1 million t of Australian wheat and 500,000 t of US wheat. China's wheat imports from Australia nearly quadrupled in January and February from a year earlier.

- Date: 2024-03-26 · published 2024-03-26T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14766-china-2024-grain-imports-seen-near-record-high
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong Chinese import demand supports global grain and oilseed prices even as individual cargo cancellations occur. Lower world prices are expected to encourage further buying.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-04-04 | [Chinese grain imports seen near record high \| The Western Producer](https://feedsoft.ai/events/14755-chinese-grain-imports-seen-near-record-high-the-western-producer.md) | -1.5% | -2.2% |
| SOY | 2020-12-22 | [China to import record amount of soybeans \| 2020-12-22  \| World Grain](https://feedsoft.ai/events/49644-china-to-import-record-amount-of-soybeans-2020-12-22-world-grain.md) | +4.2% | +10.2% |
| SOY | 2022-08-05 | [China’s U.S. ag imports soar to new highs in 2022, but volumes vary](https://feedsoft.ai/events/14906-china-s-u-s-ag-imports-soar-to-new-highs-in-2022-but-volumes-vary.md) | +5.9% | -8.8% |
| SOY | 2024-09-10 | [China Aug soybean imports at record 12.14mn tons](https://feedsoft.ai/events/14717-china-aug-soybean-imports-at-record-12-14mn-tons.md) | +0.5% | +3.4% |
| SOY | 2025-12-08 | [China Set for Record 2025 Soybean Imports on Brazil Buys, U.S. Trade Truce](https://feedsoft.ai/events/21532-china-set-for-record-2025-soybean-imports-on-brazil-buys-u-s-trade-truce.md) | -2.6% | -5.7% |
| WHEAT | 2023-01-24 | [China’s grain import volume declines in 2022 - Grain Central](https://feedsoft.ai/events/14873-china-s-grain-import-volume-declines-in-2022-grain-central.md) | +4.1% | +3.2% |
| WHEAT | 2017-09-22 | [WTO panel set up on China-USA row on grain import quotas](https://feedsoft.ai/events/68854-wto-panel-set-up-on-china-usa-row-on-grain-import-quotas.md) | -6.9% | +3.1% |
| WHEAT | 2025-07-14 | [Seaborne Grain Exports From Russia Drop 25% in 2024/25](https://feedsoft.ai/events/14190-seaborne-grain-exports-from-russia-drop-25-in-2024-25.md) | -1.6% | -2.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/china-2024-grain-imports-seen-near-record-high/

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