# China Seeking Alternatives to Corn and Soybean Meal | Red River Farm Network

> China's agriculture ministry is promoting cheaper feed alternatives to corn and soybean meal amid tight global supplies and higher prices. New guidelines for feed manufacturers recommend wheat, barley, sorghum and rice as corn substitutes, and distillers dried grains, cottonseed meal and sunflower meal as protein replacements for soybean meal.

- Date: 2021-04-21 · published 2021-04-21T12:00:00.000Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/47709-china-seeking-alternatives-to-corn-and-soybean-meal-red-river-farm-network
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Cottonseed Meal](https://feedsoft.ai/c/CSM.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Substitution away from corn and soymeal by the largest buyer reduces import demand for those feeds and may cap their prices, while lifting demand for wheat, barley, sorghum and rice feed grains.

## Read by commodity

- CSM: bullish ▲
- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2019-12-24 | [Argentina raise taxes on corn, wheat and soybean exports \| Farm Online \| ACT](https://feedsoft.ai/events/55425-argentina-raise-taxes-on-corn-wheat-and-soybean-exports-farm-online-act.md) | +0.6% | +2.7% |
| WHEAT | 2021-07-29 | [Soybean meal needs reduced import tax](https://feedsoft.ai/events/46151-soybean-meal-needs-reduced-import-tax.md) | +2.2% | +2.5% |
| WHEAT | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +0.8% | -3.1% |
| WHEAT | 2021-04-21 | [Reshaping grain trade? China moves to change animal feed recipes \| Reuters](https://feedsoft.ai/events/47641-reshaping-grain-trade-china-moves-to-change-animal-feed-recipes-reuters.md) | +4.5% | +1.7% |
| WHEAT | 2026-10-01 | [China's tariff cut plans skip soybeans, spurring hopes for higher buys of other US farm goods \| S&P Global](https://feedsoft.ai/events/14539-china-s-tariff-cut-plans-skip-soybeans-spurring-hopes-for-higher-buys-of-other.md) | -2.9% | +0.5% |
| CORN | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +11.4% | +14.1% |
| CORN | 2021-05-04 | [China moves to cut corn, soy in feed rations - Manitoba Co-operator](https://feedsoft.ai/events/47096-china-moves-to-cut-corn-soy-in-feed-rations-manitoba-co-operator.md) | +1.5% | -5.8% |
| CORN | 2021-08-18 | [Relying on soybean meal alone can be risky - Food & Agribusiness](https://feedsoft.ai/events/45680-relying-on-soybean-meal-alone-can-be-risky-food-and-agribusiness.md) | -1.4% | -10.1% |

## Sources

- rrfn.com: https://www.rrfn.com/2021/04/21/china-seeking-alternatives-to-corn-and-soybean-meal/

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