# China’s corn production to inch up in 2023-24

> A USDA Foreign Agricultural Service report forecasts China's 2023-24 corn output at 280 million tonnes, up from 277.2 million, with consumption at 305 million tonnes. Imports are estimated at 20 million tonnes, 2 million above the prior estimate.

- Date: 2023-07-10 · published 2023-07-10T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/14830-china-s-corn-production-to-inch-up-in-2023-24
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher Chinese output reduces import needs, but a higher import estimate and rising feed use offset part of that, leaving the net effect on world corn prices small.

## Read by commodity

- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-01-12 | [How does China pork production stack up to U.S.?](https://feedsoft.ai/events/72993-how-does-china-pork-production-stack-up-to-u-s.md) | +0.1% | +1.9% |
| CORN | 2025-03-18 | [China's pig production expected to grow marginally in 2025](https://feedsoft.ai/events/25575-china-s-pig-production-expected-to-grow-marginally-in-2025.md) | -1.9% | +2.0% |
| CORN | 2023-03-07 | [China pork production expected to rise slightly in 2023 - GAIN report
						 \| The Pig Site](https://feedsoft.ai/events/36848-china-pork-production-expected-to-rise-slightly-in-2023-gain-report-the-pig-site.md) | -2.1% | -0.5% |
| CORN | 2017-01-01 | [Corn and Soybean Production Outlook in 2017-18](https://feedsoft.ai/events/72931-corn-and-soybean-production-outlook-in-2017-18.md) | +0.3% | +2.3% |
| CORN | 2018-01-25 | [Iowa again leads nation in corn production](https://feedsoft.ai/events/66844-iowa-again-leads-nation-in-corn-production.md) | +0.1% | +0.8% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-corn-production-to-inch-up-in-2023-24/

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