# China, Beef, and Corn

> China bought a record $35.9 billion in U.S. agricultural products in 2021, with corn purchases rising to $5.1 billion and beef purchases reaching $1.6 billion. Together, corn and beef accounted for 72% of the roughly $7.1 billion increase in purchases.

- Date: 2022-06-06 · published 2022-06-06T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14928-china-beef-and-corn
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Sustained Chinese buying of U.S. corn and beef supports corn prices and cattle demand, though purchases remain below Phase One targets.

## Read by commodity

- CORN: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-05-02 | [China corn buys on record pace](https://feedsoft.ai/events/14932-china-corn-buys-on-record-pace.md) | -8.1% | -2.4% |
| CORN | 2021-03-22 | [China buying boatloads of U.S. corn](https://feedsoft.ai/events/47968-china-buying-boatloads-of-u-s-corn.md) | +10.7% | +12.5% |
| CORN | 2021-10-05 | [China’s buying — and U.S. farms cashing in](https://feedsoft.ai/events/44412-china-s-buying-and-u-s-farms-cashing-in.md) | -1.3% | +7.4% |
| CORN | 2020-05-05 | [China and Mexico Buy U.S. Corn and Soybeans \| Red River Farm Network](https://feedsoft.ai/events/53115-china-and-mexico-buy-u-s-corn-and-soybeans-red-river-farm-network.md) | +0.1% | +1.4% |
| CORN | 2018-12-03 | [Corn and Beans See Nice Gains Last Week](https://feedsoft.ai/events/5831-corn-and-beans-see-nice-gains-last-week.md) | +6.8% | +8.4% |
| LCATTLE | 2026-10-27 | [US-Mexico Cattle Trade and Beef Markets](https://feedsoft.ai/events/580-us-mexico-cattle-trade-and-beef-markets.md) | -3.0% | — |
| LCATTLE | 2018-05-21 | [Trade truce with China could boost US beef, soybeans and other agriculture products](https://feedsoft.ai/events/64915-trade-truce-with-china-could-boost-us-beef-soybeans-and-other-agriculture.md) | -1.8% | -0.1% |
| LCATTLE | 2020-04-24 | [China buying more US beef and soybeans - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/53504-china-buying-more-us-beef-and-soybeans-agweek-1-source-for-agriculture-news.md) | -0.5% | +12.3% |

## Sources

- beefmagazine.com: https://www.beefmagazine.com/cattle-market-outlook/china-beef-and-corn

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