# Chinese authorities plan to limit feed imports to support local farmers

> Chinese authorities have urged major importers to cut grain purchases, especially barley and sorghum, to reduce oversupply and support domestic prices. The restrictions exclude cargoes booked for October-November delivery but will affect later shipments.

- Date: 2024-08-29 · published 2024-08-29T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/28854-chinese-authorities-plan-to-limit-feed-imports-to-support-local-farmers
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Chinese demand for barley and sorghum is bearish for US and Australian exporters, since China takes most of the world's sorghum imports. Feed buyers may see softer export prices for these grains.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-01 | [China Targets U.S. Farm Imports With Tariffs \| Feed & Grain](https://feedsoft.ai/events/49501-china-targets-u-s-farm-imports-with-tariffs-feed-and-grain.md) | -0.4% | +1.4% |
| 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 | 2022-02-25 | [China Diversifies Grain Imports, U.S. Gets Smaller Piece \| Feed & Grain](https://feedsoft.ai/events/14959-china-diversifies-grain-imports-u-s-gets-smaller-piece-feed-and-grain.md) | +6.6% | +10.3% |
| CORN | 2017-03-28 | [U.S. Farmers Fear Shift in Mexican Corn Imports – Food Tank](https://feedsoft.ai/events/71978-u-s-farmers-fear-shift-in-mexican-corn-imports-food-tank.md) | +1.9% | +1.8% |
| CORN | 2021-07-16 | [Gro Expects Drop in China Pork Imports and Lower Corn Feed Use](https://feedsoft.ai/events/46076-gro-expects-drop-in-china-pork-imports-and-lower-corn-feed-use.md) | -0.1% | -1.0% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/vlada-kitayu-planue-obmezhiti-import-furazhu-shob-pidtrimati-mistcevih-fermeriv.html

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