# Downward projection for Chinese corn import demand 08.02.2022 - UkrAgroConsult

> A USDA FAS report projects China's corn imports at 20 million tonnes, 6 million below USDA WASDE estimates, while sorghum imports rise. China has bought Ukrainian corn, and 80% of its committed U.S. corn remains unshipped.

- Date: 2022-02-08 · published 2022-02-08T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14960-downward-projection-for-chinese-corn-import-demand-08-02-2022-ukragroconsult
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower Chinese corn import demand and a shift toward Ukrainian supply reduce demand for U.S. corn and pressure prices, while higher sorghum imports support that feed grain.

## Read by commodity

- CORN: bearish ▼
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-09-30 | [China’s decline in imports and ethanol consumption could lower corn prices 30.09.2021 - UkrAgroConsult](https://feedsoft.ai/events/45110-china-s-decline-in-imports-and-ethanol-consumption-could-lower-corn-prices-30.md) | +0.3% | +2.8% |
| CORN | 2022-09-26 | [Chinese demand for grain imports takes tumble \| The Western Producer](https://feedsoft.ai/events/14900-chinese-demand-for-grain-imports-takes-tumble-the-western-producer.md) | -1.4% | +2.6% |
| CORN | 2021-11-30 | [The collapse of world prices for wheat and corn has increased pressure on purchase prices in Ukraine 30.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/11601-the-collapse-of-world-prices-for-wheat-and-corn-has-increased-pressure-on.md) | +6.2% | +3.1% |
| CORN | 2021-07-14 | [U.S. positioned for slowdown in China's pork demand](https://feedsoft.ai/events/46077-u-s-positioned-for-slowdown-in-china-s-pork-demand.md) | -9.8% | -13.0% |
| CORN | 2020-02-13 | [U.S. grains: Soy up on prospects for Chinese demand - AgCanada](https://feedsoft.ai/events/54655-u-s-grains-soy-up-on-prospects-for-chinese-demand-agcanada.md) | +1.0% | +1.3% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/downward-projection-for-chinese-corn-import-demand/

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