# China’s October corn imports fall by 57.9% year-on-year - Fastmarkets

> China's corn imports in October 2022 fell 57.9% year on year to 550,000 tonnes, and January-October corn imports reached 19.01 million tonnes. Wheat imports rose above 200% month on month to 1.24 million tonnes, while barley and sorghum imports fell.

- Date: 2022-11-21 · published 2022-11-21T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/14887-china-s-october-corn-imports-fall-by-57-9-year-on-year-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Sharply lower Chinese corn imports reduce global demand for US corn, while the wheat rebound adds some import support. Weak barley and sorghum buying weighs on those markets.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-11-09 | [Record U.S. corn yield casts bearish spell on markets](https://feedsoft.ai/events/67932-record-u-s-corn-yield-casts-bearish-spell-on-markets.md) | -1.8% | -0.8% |
| CORN | 2024-07-16 | [China’s Q2 pork output falls from a year ago](https://feedsoft.ai/events/29239-china-s-q2-pork-output-falls-from-a-year-ago.md) | +3.0% | +0.7% |
| CORN | 2017-02-09 | [China forecasts corn imports at decade low, spooking exporters](https://feedsoft.ai/events/72353-china-forecasts-corn-imports-at-decade-low-spooking-exporters.md) | +1.2% | -0.8% |
| CORN | 2021-10-11 | [Turner's Take Ag Marketing \| October WASDE Bearish for Soybeans and Corn](https://feedsoft.ai/events/44488-turner-s-take-ag-marketing-october-wasde-bearish-for-soybeans-and-corn.md) | -1.0% | +5.7% |
| CORN | 2021-09-14 | [China cuts forecast for feed use of corn in 2021/22 - Markets - Business Recorder](https://feedsoft.ai/events/45063-china-cuts-forecast-for-feed-use-of-corn-in-2021-22-markets-business-recorder.md) | -1.4% | +0.3% |
| WHEAT | 2021-11-10 | [WASDE Reveals Record Wheat Trade, as China Wheat Imports Soared Over the Past Year - Farm Policy News](https://feedsoft.ai/events/44095-wasde-reveals-record-wheat-trade-as-china-wheat-imports-soared-over-the-past.md) | +1.2% | +0.3% |
| WHEAT | 2021-10-11 | [Turner's Take Ag Marketing \| October WASDE Bearish for Soybeans and Corn](https://feedsoft.ai/events/44488-turner-s-take-ag-marketing-october-wasde-bearish-for-soybeans-and-corn.md) | +2.0% | +13.2% |
| WHEAT | 2017-08-02 | [China Ag Imports Outpace Exports in H1 2017](https://feedsoft.ai/events/69332-china-ag-imports-outpace-exports-in-h1-2017.md) | -3.4% | -4.3% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/chinas-october-corn-imports-fall/

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