# China’s soy imports increase as swine rebounds | World Grain

> According to USDA Foreign Agricultural Service estimates, China imported a record 99.8 million tonnes of soybeans in 2020-21, with 2021-22 imports forecast at 101 million tonnes. Growing swine and poultry demand drove the increase. Chinese domestic soybean output is expected to fall as land shifts to corn.

- Date: 2021-11-08 · published 2021-11-08T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/14977-china-s-soy-imports-increase-as-swine-rebounds-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong Chinese demand for soybeans and feed ingredients supports soybean, meal and corn prices. Reduced domestic soybean output increases reliance on imports.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +1.9% | +7.3% |
| SOY | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +2.5% | +2.8% |
| SOY | 2018-06-29 | [China’s soybean imports continue to rise \| World-grain.com \| June 29, 2018 13:49 \| World Grain](https://feedsoft.ai/events/64513-china-s-soybean-imports-continue-to-rise-world-grain-com-june-29-2018-13-49.md) | +1.5% | +1.1% |
| SOY | 2026-03-23 | [China expected to import more soybeans in 2026-27 \| World Grain](https://feedsoft.ai/events/20146-china-expected-to-import-more-soybeans-in-2026-27-world-grain.md) | -0.2% | +0.4% |
| SOY | 2018-02-01 | [China’s rice, soybean imports top the world in 2017 - People's Daily Online](https://feedsoft.ai/events/66383-china-s-rice-soybean-imports-top-the-world-in-2017-people-s-daily-online.md) | -1.3% | +6.2% |
| SBM | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +2.3% | +15.3% |
| SBM | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +1.4% | -3.3% |
| SBM | 2026-03-23 | [China expected to import more soybeans in 2026-27 \| World Grain](https://feedsoft.ai/events/20146-china-expected-to-import-more-soybeans-in-2026-27-world-grain.md) | -2.2% | -0.4% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/16081-chinas-soy-imports-increase-as-swine-rebounds

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