# China’s grain auction and meat production patterns point to rising imports

> S&P Global analysis expects China's grain imports to rise in coming years, based on auction patterns, local meat production and corn output. China has faced a corn supply deficit since 2016, covered by reserve auctions, and its imports of barley, sorghum and wheat grew in 2020 and 2021.

- Date: 2021-07-23 · published 2021-07-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/46074-china-s-grain-auction-and-meat-production-patterns-point-to-rising-imports
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected higher Chinese import demand for corn, barley, sorghum and wheat would tighten global supplies and support export prices. The outlook is a structural trend rather than a single new purchase.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-09 | [China’s Grain Imports Surge 30% on Rising Livestock Demand - Caixin Global](https://feedsoft.ai/events/49503-china-s-grain-imports-surge-30-on-rising-livestock-demand-caixin-global.md) | +1.3% | +9.8% |
| CORN | 2021-02-04 | [Grain Exports to China Continue Rising \| Feed & Grain](https://feedsoft.ai/events/48471-grain-exports-to-china-continue-rising-feed-and-grain.md) | -3.1% | -3.9% |
| CORN | 2024-04-04 | [Chinese grain imports seen near record high \| The Western Producer](https://feedsoft.ai/events/14755-chinese-grain-imports-seen-near-record-high-the-western-producer.md) | -1.0% | -1.1% |
| CORN | 2021-04-13 | [China's Q1 soybean, grains imports surge on strong demand](https://feedsoft.ai/events/11178-china-s-q1-soybean-grains-imports-surge-on-strong-demand.md) | +1.5% | +23.9% |
| CORN | 2019-02-21 | [China proposes to buy $30 billion more in U.S. ag products](https://feedsoft.ai/events/60475-china-proposes-to-buy-30-billion-more-in-u-s-ag-products.md) | -0.3% | +2.0% |
| WHEAT | 2020-12-09 | [China’s Grain Imports Surge 30% on Rising Livestock Demand - Caixin Global](https://feedsoft.ai/events/49503-china-s-grain-imports-surge-30-on-rising-livestock-demand-caixin-global.md) | -1.1% | +4.5% |
| WHEAT | 2021-02-04 | [Grain Exports to China Continue Rising \| Feed & Grain](https://feedsoft.ai/events/48471-grain-exports-to-china-continue-rising-feed-and-grain.md) | -0.2% | +11.9% |
| WHEAT | 2024-04-04 | [Chinese grain imports seen near record high \| The Western Producer](https://feedsoft.ai/events/14755-chinese-grain-imports-seen-near-record-high-the-western-producer.md) | +3.6% | +1.0% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/blog/agriculture/072321-china-corn-demand-meat-production

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