# China Ramps Up Farm Imports to Plug Shortages, Keep Prices Down - Caixin Global

> China imported almost 5 million tons of corn in January and February, more than five times the year-earlier amount, including a record monthly high of 3 million tons in January. Wheat, beef, pork and sorghum imports also jumped sharply as Beijing rebuilds its hog herd after African swine fever.

- Date: 2021-03-19 · published 2021-03-19T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/47967-china-ramps-up-farm-imports-to-plug-shortages-keep-prices-down-caixin-global
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Record Chinese buying of corn and sorghum tightens global feed grain supplies and supports U.S. export prices, with USDA now expecting China's corn imports to triple to 24 million tons this marketing year.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-12-23 | [China’s Soy Imports to Top 100 Million Tons as U.S. Supply Jumps - Caixin Global](https://feedsoft.ai/events/49645-china-s-soy-imports-to-top-100-million-tons-as-u-s-supply-jumps-caixin-global.md) | +4.2% | +18.2% |
| CORN | 2026-05-14 | [Trump asks China to increase imports of US farm, food commodities \| S&P Global](https://feedsoft.ai/events/14581-trump-asks-china-to-increase-imports-of-us-farm-food-commodities-s-and-p-global.md) | -0.4% | -7.9% |
| CORN | 2020-11-26 | [China’s Set to Import More U.S. Corn and Squeeze Global Prices - Bloomberg](https://feedsoft.ai/events/50017-china-s-set-to-import-more-u-s-corn-and-squeeze-global-prices-bloomberg.md) | +0.1% | -0.9% |
| CORN | 2020-12-09 | [China’s Grain Imports Surge 30% on Rising Livestock Demand - Caixin Global](https://feedsoft.ai/events/49503-china-s-grain-imports-surge-30-on-rising-livestock-demand-caixin-global.md) | +1.3% | +9.8% |
| CORN | 2019-10-18 | [China's pork shortage could give US farmers a chance to cash in](https://feedsoft.ai/events/56566-china-s-pork-shortage-could-give-us-farmers-a-chance-to-cash-in.md) | -1.6% | -2.4% |
| WHEAT | 2020-12-09 | [China’s Grain Imports Surge 30% on Rising Livestock Demand - Caixin Global](https://feedsoft.ai/events/49503-china-s-grain-imports-surge-30-on-rising-livestock-demand-caixin-global.md) | -1.1% | +4.5% |
| WHEAT | 2020-09-25 | [China Buying Spree Revives Export Profits for Top Crop Traders - Caixin Global](https://feedsoft.ai/events/50989-china-buying-spree-revives-export-profits-for-top-crop-traders-caixin-global.md) | +6.5% | +10.5% |
| WHEAT | 2020-02-19 | [China Sets Up Duty Waivers for U.S. Commodity Purchases - Caixin Global](https://feedsoft.ai/events/54476-china-sets-up-duty-waivers-for-u-s-commodity-purchases-caixin-global.md) | -1.6% | -0.8% |

## Sources

- caixinglobal.com: https://www.caixinglobal.com/2021-03-19/china-ramps-up-farm-imports-to-plug-shortages-keep-prices-down-101677540.html

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