# Chinese demand for grain imports takes tumble | The Western Producer

> China's January to August grain imports fell sharply year on year, with soybeans down 9%, corn down 21%, wheat down 10% and barley down 43%. China also announced plans to reduce soybean meal use in feed rations, citing its feed grain needs and supply uncertainty.

- Date: 2022-09-26 · published 2022-09-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14900-chinese-demand-for-grain-imports-takes-tumble-the-western-producer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Lower Chinese import demand and a shift away from soymeal in feed reduce global grain and meal demand, which pressures prices across major feed grains.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-04-14 | [China's soybean demand slump baffles market \| The Western Producer](https://feedsoft.ai/events/36428-china-s-soybean-demand-slump-baffles-market-the-western-producer.md) | -0.2% | -3.8% |
| SOY | 2022-09-13 | [Ag Exports to Take Hit in 2023 and Tariffs on Chinese Imports to Stay - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/39583-ag-exports-to-take-hit-in-2023-and-tariffs-on-chinese-imports-to-stay-ag.md) | -5.7% | -11.3% |
| SOY | 2026-05-14 | [U.S. Grain/Oilseed Review: CBOT falls under the weight of soybeans \| The Western Producer](https://feedsoft.ai/events/9305-u-s-grain-oilseed-review-cbot-falls-under-the-weight-of-soybeans-the-western.md) | -1.3% | -8.2% |
| SOY | 2022-11-07 | [Chinese Yuan Weakens Amid Contracting Exports, Imports on Struggling Demand](https://feedsoft.ai/events/6251-chinese-yuan-weakens-amid-contracting-exports-imports-on-struggling-demand.md) | +0.3% | -0.9% |
| SOY | 2018-10-04 | [China’s cut to soybean consumption ‘unrealistic’ \| The Western Producer](https://feedsoft.ai/events/62523-china-s-cut-to-soybean-consumption-unrealistic-the-western-producer.md) | -1.1% | -2.6% |
| SBM | 2023-04-14 | [China's soybean demand slump baffles market \| The Western Producer](https://feedsoft.ai/events/36428-china-s-soybean-demand-slump-baffles-market-the-western-producer.md) | -1.7% | -7.5% |
| SBM | 2018-07-08 | [China’s demand for protein could increase rapeseed prices  : The Daily Digest](https://feedsoft.ai/events/64131-china-s-demand-for-protein-could-increase-rapeseed-prices-the-daily-digest.md) | -3.2% | -2.1% |
| SBM | 2017-05-11 | [Firm eager to ride the ‘canola train’ with carinata \| The Western Producer](https://feedsoft.ai/events/71110-firm-eager-to-ride-the-canola-train-with-carinata-the-western-producer.md) | +0.5% | -2.5% |

## Sources

- producer.com: https://www.producer.com/news/chinese-demand-for-grain-imports-takes-tumble/

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