# China’s higher feed corn use could hit barley price

> China is using more corn in feed rations as higher wheat and sorghum prices push those grains out, with China's 2022-23 corn output at 277.2 million tonnes. China holds contracts for only 3.7 million tonnes of US corn for 2022-23, down 70%, as it turns to Brazil, and an analyst expects Canadian feed barley exports to China could pull back.

- Date: 2023-02-13 · published 2023-02-13T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/37398-china-s-higher-feed-corn-use-could-hit-barley-price
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Chinese imports of US corn and Canadian barley shift demand to Brazil, weighing on feed barley and US corn prices.

## Read by commodity

- CORN: bearish ▼
- BARLEY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-02-09 | [China’s higher feed corn use could hit barley price](https://feedsoft.ai/events/37396-china-s-higher-feed-corn-use-could-hit-barley-price.md) | -1.3% | -5.2% |
| 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% |
| CORN | 2020-04-28 | [US corn surplus could pose a challenge to Aus barley exports \| The Land \| NSW](https://feedsoft.ai/events/53716-us-corn-surplus-could-pose-a-challenge-to-aus-barley-exports-the-land-nsw.md) | +1.5% | +1.6% |
| CORN | 2023-12-20 | [Corn prices in China fall under pressure from increased supply](https://feedsoft.ai/events/14791-corn-prices-in-china-fall-under-pressure-from-increased-supply.md) | +3.1% | -1.9% |
| CORN | 2019-05-01 | [U.S.-China trade conflict pulled corn prices 20 cents per bushel lower](https://feedsoft.ai/events/7597-u-s-china-trade-conflict-pulled-corn-prices-20-cents-per-bushel-lower.md) | +1.1% | +11.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/chinas-higher-feed-corn-use-could-hit-barley-price/

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