# Report: China Changes Buying Tactics | Feed & Grain

> A CoBank report says China will remain an active buyer of US grain through 2021-22 but is shifting to opportunistic buying, waiting for price weakness before committing. China has also contracted forward for the next marketing year amid volatile prices.

- Date: 2021-06-30 · published 2021-06-30T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/46561-report-china-changes-buying-tactics-feed-and-grain
- 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

China buying on dips sets a price floor on US feed grains and soybeans, but also makes demand lumpier and prices more volatile for feed buyers.

## Read by commodity

- SOY: neutral
- CORN: neutral
- SORGHUM: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-02 | [China changes buying tactics as U.S. grain run enters volatile stage](https://feedsoft.ai/events/45927-china-changes-buying-tactics-as-u-s-grain-run-enters-volatile-stage.md) | -4.2% | -11.6% |
| CORN | 2021-07-06 | [Analysis shows China changing its grain buying tactics as the US market becomes volatile - UkrAgroConsult](https://feedsoft.ai/events/46125-analysis-shows-china-changing-its-grain-buying-tactics-as-the-us-market-becomes.md) | -1.9% | -12.4% |
| CORN | 2023-09-08 | [Ag groups want to decrease reliance on China \| Feed & Grain](https://feedsoft.ai/events/34092-ag-groups-want-to-decrease-reliance-on-china-feed-and-grain.md) | -1.3% | -5.3% |
| CORN | 2026-09-28 | [Grains fall as traders seek China buying signs after tariff cuts](https://feedsoft.ai/events/14545-grains-fall-as-traders-seek-china-buying-signs-after-tariff-cuts.md) | -0.4% | -5.3% |
| CORN | 2020-01-06 | [Feed grain benefits from China deal may be limited](https://feedsoft.ai/events/55071-feed-grain-benefits-from-china-deal-may-be-limited.md) | -0.1% | -0.5% |
| SOY | 2021-07-02 | [China changes buying tactics as U.S. grain run enters volatile stage](https://feedsoft.ai/events/45927-china-changes-buying-tactics-as-u-s-grain-run-enters-volatile-stage.md) | -3.0% | -2.2% |
| SOY | 2021-07-06 | [Analysis shows China changing its grain buying tactics as the US market becomes volatile - UkrAgroConsult](https://feedsoft.ai/events/46125-analysis-shows-china-changing-its-grain-buying-tactics-as-the-us-market-becomes.md) | -1.3% | -2.3% |
| SOY | 2023-09-08 | [Ag groups want to decrease reliance on China \| Feed & Grain](https://feedsoft.ai/events/34092-ag-groups-want-to-decrease-reliance-on-china-feed-and-grain.md) | -0.1% | -4.8% |

## Sources

- feedandgrain.com: https://www.feedandgrain.com/grain-handling-processing/news/15386915/report-china-changes-buying-tactics

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