# China's farmers dump other crops for corn on bumper profit pull

> Chinese farmers have sharply expanded corn planting this year, mainly at the expense of soybeans, sorghum and edible beans. Market participants expect China's 2021/22 corn output to rise by at least 6%.

- Date: 2021-08-01 · published 2021-08-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/46088-china-s-farmers-dump-other-crops-for-corn-on-bumper-profit-pull
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Higher Chinese corn output should reduce import demand heading into 2022, which is bearish for corn and soybean export prices. Lower soybean planting in China also points to less domestic soy supply and more reliance on imports.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-10-29 | [China On Track For Another Bumper Harvest… \| Grain Brokers](https://feedsoft.ai/events/114-china-on-track-for-another-bumper-harvest-grain-brokers.md) | -1.5% | — |
| CORN | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +0.1% | +1.2% |
| 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 | 2023-02-13 | [China’s higher feed corn use could hit barley price](https://feedsoft.ai/events/37398-china-s-higher-feed-corn-use-could-hit-barley-price.md) | -1.3% | -6.3% |
| CORN | 2020-03-05 | [Dollar's strength yet another snag for U.S.-China farm deal](https://feedsoft.ai/events/54376-dollar-s-strength-yet-another-snag-for-u-s-china-farm-deal.md) | +0.2% | -2.5% |
| SOY | 2023-03-10 | [China props up U.S. corn, soy exports as other buyers stay quieter than usual](https://feedsoft.ai/events/14854-china-props-up-u-s-corn-soy-exports-as-other-buyers-stay-quieter-than-usual.md) | -1.9% | -1.8% |
| SOY | 2021-06-18 | [Reuters: China scoops up U.S. soybeans on price plunge - Pro Farmer](https://feedsoft.ai/events/46429-reuters-china-scoops-up-u-s-soybeans-on-price-plunge-pro-farmer.md) | +3.1% | +9.4% |
| SOY | 2026-02-05 | [China Faces Higher Prices for Further U.S. Soybean Buys to Please Trump](https://feedsoft.ai/events/14600-china-faces-higher-prices-for-further-u-s-soybean-buys-to-please-trump.md) | +2.9% | +6.5% |

## Sources

- reuters.com: https://www.reuters.com/world/china/chinas-farmers-dump-other-crops-corn-bumper-profit-pull-2021-07-07/

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