# USDA attaché alters call on China's ending stocks | Farmtario

> The USDA attaché in Beijing lowered its forecast for China's 2021-22 and 2022-23 soybean ending stocks, while raising its rapeseed and corn carryover estimates. It cites higher domestic oilseed prices and government incentives boosting 2022-23 soybean and rapeseed output, with slower growth from COVID lockdowns.

- Date: 2022-07-09 · published 2022-07-09T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/14921-usda-attache-alters-call-on-china-s-ending-stocks-farmtario
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Chinese soybean ending stocks imply stronger import needs, which is supportive for global soybean prices.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-04-10 | [USDA Report Reaction \| USDA cuts corn ending stocks - Pro Farmer](https://feedsoft.ai/events/25070-usda-report-reaction-usda-cuts-corn-ending-stocks-pro-farmer.md) | +2.6% | +2.4% |
| SOY | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +4.4% | +3.7% |
| SOY | 2021-02-09 | [USDA Kicks Can Down the Road on Corn Ending Stocks \| Radio 570 WNAX](https://feedsoft.ai/events/48589-usda-kicks-can-down-the-road-on-corn-ending-stocks-radio-570-wnax.md) | -0.2% | +3.9% |
| SOY | 2019-02-08 | [USDA lowers U.S. corn, soybean ending stocks - Brownfield Ag News](https://feedsoft.ai/events/60555-usda-lowers-u-s-corn-soybean-ending-stocks-brownfield-ag-news.md) | -1.1% | -3.2% |
| SOY | 2020-10-09 | [USDA Lowers Soybean Ending Stocks, Trims Production](https://feedsoft.ai/events/50595-usda-lowers-soybean-ending-stocks-trims-production.md) | +1.2% | +4.9% |

## Sources

- farmtario.com: https://farmtario.com/daily/usda-attache-alters-call-on-chinas-ending-stocks/

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