# China Brief | Edition 066: Oil and gas in China-Iran 25 year deal, potential barley opportunity and the return of Chinese tourists and students Canada West FoundationCanada West Foundation

> Canada West Foundation's China Brief reports a China-Iran 25-year oil and gas deal and Iran lifting output to 3.9-4 million barrels per day. It also reports that China may shift feed formulas from soy and corn toward wheat and barley.

- Date: 2021-04-08 · published 2021-04-08T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/47572-china-brief-edition-066-oil-and-gas-in-china-iran-25-year-deal-potential-barley
- Commodities: [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A government push to use wheat and barley in Chinese feed could reduce corn and soymeal demand while lifting barley and wheat feed use.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- BRENT: neutral
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-09-10 | [The UN-brokered Black Sea Deal and Impacts on Global Food Security - United States Department of State](https://feedsoft.ai/events/14459-the-un-brokered-black-sea-deal-and-impacts-on-global-food-security-united.md) | -1.1% | -1.5% |
| CORN | 2022-01-20 | [Biden Administration Looks for Ways to Get China to Meet Phase One Deal Ag Commitments](https://feedsoft.ai/events/14962-biden-administration-looks-for-ways-to-get-china-to-meet-phase-one-deal-ag.md) | +1.6% | +6.7% |
| CORN | 2020-10-07 | [Mexico plans to ban GM corn imports, stirring potential conflict with U.S. - The Organic & Non-GMO Report](https://feedsoft.ai/events/50621-mexico-plans-to-ban-gm-corn-imports-stirring-potential-conflict-with-u-s-the.md) | +2.0% | +6.5% |
| CORN | 2024-10-01 | [Trade Policy Shifts and Their Potential Implications for U.S. Agricultural Exports](https://feedsoft.ai/events/14723-trade-policy-shifts-and-their-potential-implications-for-u-s-agricultural.md) | +0.2% | -2.4% |
| CORN | 2021-06-02 | [Barley and corn tax hike revives demand for wheat exports from Russia: Refinitiv Agriculture — Latifundist.com](https://feedsoft.ai/events/46435-barley-and-corn-tax-hike-revives-demand-for-wheat-exports-from-russia-refinitiv.md) | +2.2% | +1.2% |
| SBM | 2023-01-10 | [China's soy reduction campaign could be an opportunity for alt-protein producers \| The Fish Site](https://feedsoft.ai/events/38120-china-s-soy-reduction-campaign-could-be-an-opportunity-for-alt-protein.md) | +2.5% | -1.8% |
| SBM | 2023-12-21 | [Changes in Argentina should boost the country’s soymeal and soyoil exports](https://feedsoft.ai/events/32788-changes-in-argentina-should-boost-the-country-s-soymeal-and-soyoil-exports.md) | -1.4% | -7.3% |
| SBM | 2019-12-11 | [SunSirs: Agriculture: Eye-Catching Performance of Palm Oil and Soybean Oil in the Fourth Quarter Thanks to Good News Supporting](https://feedsoft.ai/events/12380-sunsirs-agriculture-eye-catching-performance-of-palm-oil-and-soybean-oil-in-the.md) | +1.8% | -0.2% |

## Sources

- cwf.ca: https://cwf.ca/research/publications/china-brief-edition-066-oil-and-gas-in-china-iran-25-year-deal-potential-barley-opportunity-and-the-return-of-chinese-tourists-and-students/

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