FAS report shares growing demand for feed in China

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Oct 9, 2024USDA forecasts slight improvement in China’s feed demand | MEAT+POULTRY-3.3%
• Sep 6, 2022China’s pork industry sees new cycle | MEAT+POULTRY+4.7%
• Jan 28, 2021China’s feed demand buoyed by recovering swine herd | 2021-01-28 | World Grain+2.7%
• Dec 12, 2019China’s animal feed demand to rebound by 8% in 2020 | Feed Strategy+5.5%
• Dec 11, 2020Chinese demand feeds feed price increases+1.9%

After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.

• Feb 12, 2025China's grain import dynamics shift as corn declines as rice rebounds | Feed & Grain+0.1%
• Apr 30, 2025Growing Demand for Broken Rice for Feed and Food: The Implications for Global Trade | Economic Research Service+1.0%
• Jul 14, 2025USDA forecasts lower corn supplies, higher biofuel demand in latest outlook | Feed & Grain-0.6%
• Mar 31, 2025USDA reports mixed grain stocks, with wheat up and corn down-3.3%
• Dec 24, 2023Export results in 2023 provide stepping stone for rice sector next year | VTV+1.4%

After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.

• Sep 10, 2024Rising Chinese feed demand pushes increase of oilseed crushing | MEAT+POULTRY+0.7%
• Apr 25, 2019Southeast Asia-Growing Meat Demand, Feedstuffs Imports - ProAg-1.5%
• Sep 6, 2022China’s pork industry sees new cycle | MEAT+POULTRY+5.7%
• Sep 9, 2020Feed demand increases China’s soybean imports | 2020-09-09 | World Grain+2.3%
• Mar 19, 2020USDA FAS sees rising soybean demand for China - Brownfield Ag News+5.8%