# China races to modernize pork production, pushing up corn and soy demand | 2021-05-18  | Agri-Pulse Communications, Inc.

> China is modernizing its pork production with large confinement operations, and officials expect this to sustain higher long-term imports of grain and oilseeds. Recent purchases of U.S. and Brazilian corn and soybeans are seen partly as refilling reserves and stocking feed supply.

- Date: 2021-05-19 · published 2021-05-19T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/46956-china-races-to-modernize-pork-production-pushing-up-corn-and-soy-demand-2021-05
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Structural growth in Chinese hog-driven feed demand supports long-term corn and soybean import demand and prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-31 | [China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn \| 2020-12-31  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/49499-china-heads-to-end-of-2020-with-big-imports-of-us-soy-wheat-sorghum-and-corn.md) | +6.2% | +17.5% |
| CORN | 2018-05-23 | [US seeks to more than double ag exports in talks with China \| 2018-05-23 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/64911-us-seeks-to-more-than-double-ag-exports-in-talks-with-china-2018-05-23-agri.md) | -0.5% | -8.5% |
| CORN | 2020-01-15 | [China deal to open flood gates for US ag trade \| 2020-01-15  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/55159-china-deal-to-open-flood-gates-for-us-ag-trade-2020-01-15-agri-pulse.md) | +0.3% | -2.4% |
| CORN | 2022-04-04 | [China makes big US corn purchase as war continues to block Ukraine exports \| 2022-04-04 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14941-china-makes-big-us-corn-purchase-as-war-continues-to-block-ukraine-exports-2022.md) | +5.4% | -0.7% |
| CORN | 2022-06-08 | [Yellen critical of US tariffs on China \| 2022-06-08 \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14923-yellen-critical-of-us-tariffs-on-china-2022-06-08-agri-pulse-communications-inc.md) | -1.5% | -0.6% |
| SOY | 2020-07-22 | [China ramps up US soy purchases on good prices \| 2020-07-22  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/52160-china-ramps-up-us-soy-purchases-on-good-prices-2020-07-22-agri-pulse.md) | +0.0% | +1.7% |
| SOY | 2020-08-10 | [China soy-buying binge from US continues \| 2020-08-10  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/51599-china-soy-buying-binge-from-us-continues-2020-08-10-agri-pulse-communications.md) | +3.8% | +11.4% |
| SOY | 2020-12-31 | [China heads to end of 2020 with big imports of US soy, wheat, sorghum and corn \| 2020-12-31  \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/49499-china-heads-to-end-of-2020-with-big-imports-of-us-soy-wheat-sorghum-and-corn.md) | +4.4% | +5.1% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/15889-china-races-to-modernize-pork-production-pushing-up-corn-and-soy-demand

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