# Drewry - Maritime Research Opinions - China’s shifting grain game is creating ripples across the global market

> Drewry analysis says China's grain import strategy is shifting toward domestic self-sufficiency, with imports falling 13% year on year and Mexico overtaking China as the largest grain importer in 2024. China aims to meet nearly 90% of its grain needs through domestic production by 2032.

- Date: 2025-02-25 · published 2025-02-25T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/26249-drewry-maritime-research-opinions-china-s-shifting-grain-game-is-creating
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Structurally lower Chinese wheat and corn imports weaken global grain demand and tonne-mile demand for panamax vessels, which bearishly affects ocean freight and export prices for grains.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-03 | [Black Sea region increased its share of the global grain market — S&P Global Platts](https://feedsoft.ai/events/53984-black-sea-region-increased-its-share-of-the-global-grain-market-s-and-p-global.md) | +1.3% | +0.6% |
| CORN | 2024-01-18 | [Soaring Chinese grain imports create unease on local market](https://feedsoft.ai/events/14780-soaring-chinese-grain-imports-create-unease-on-local-market.md) | +1.1% | -5.6% |
| CORN | 2023-09-29 | [Ample supplies in Chinese corn market to weigh on global prices](https://feedsoft.ai/events/14817-ample-supplies-in-chinese-corn-market-to-weigh-on-global-prices.md) | +1.9% | +0.9% |
| CORN | 2018-11-17 | [Global trade flows dominate local cash markets — This week in the grain markets - RealAgriculture](https://feedsoft.ai/events/11723-global-trade-flows-dominate-local-cash-markets-this-week-in-the-grain-markets.md) | -1.4% | +8.5% |
| CORN | 2024-06-13 | [Falling demand for wheat and corn in China could crash global markets](https://feedsoft.ai/events/14743-falling-demand-for-wheat-and-corn-in-china-could-crash-global-markets.md) | -2.1% | -8.8% |
| WHEAT | 2020-03-03 | [Black Sea region increased its share of the global grain market — S&P Global Platts](https://feedsoft.ai/events/53984-black-sea-region-increased-its-share-of-the-global-grain-market-s-and-p-global.md) | +6.1% | -1.7% |
| WHEAT | 2025-03-06 | [What’s driving global wheat markets? Grain market daily \| AHDB](https://feedsoft.ai/events/12566-what-s-driving-global-wheat-markets-grain-market-daily-ahdb.md) | -0.0% | +2.9% |
| WHEAT | 2024-06-13 | [Falling demand for wheat and corn in China could crash global markets](https://feedsoft.ai/events/14743-falling-demand-for-wheat-and-corn-in-china-could-crash-global-markets.md) | -2.1% | -3.6% |

## Sources

- drewry.co.uk: https://www.drewry.co.uk/maritime-research-opinion-browser/maritime-research-opinions/chinas-shifting-grain-game-is-creating-ripples-across-the-global-market

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