# China’s feed demand buoyed by recovering swine herd | 2021-01-28  | World Grain

> A USDA GAIN report forecasts China's feed demand rising 15.6 million tonnes to 249.9 million tonnes in 2020-21 as the swine herd rebuilds after African swine fever. China is expected to import 22 million tonnes of corn to restock reserves, and some feed mills are substituting 15% to 30% of wheat for corn.

- Date: 2021-01-28 · published 2021-01-28T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/49138-china-s-feed-demand-buoyed-by-recovering-swine-herd-2021-01-28-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher Chinese feed demand and corn imports support global corn and feed grain prices, while wheat substitution in feed adds support for wheat demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-12 | [China’s animal feed demand to rebound by 8% in 2020 \| Feed Strategy](https://feedsoft.ai/events/55584-china-s-animal-feed-demand-to-rebound-by-8-in-2020-feed-strategy.md) | +5.5% | +5.7% |
| CORN | 2021-11-08 | [China’s soy imports increase as swine rebounds \| World Grain](https://feedsoft.ai/events/14977-china-s-soy-imports-increase-as-swine-rebounds-world-grain.md) | +5.9% | +8.0% |
| CORN | 2022-07-11 | [FAS report shares growing demand for feed in China \| MEAT+POULTRY](https://feedsoft.ai/events/40470-fas-report-shares-growing-demand-for-feed-in-china-meat-poultry.md) | -14.4% | -15.9% |
| CORN | 2018-09-21 | [Sorghum output, demand declines in Mexico \| 2018-09-21  \| World Grain](https://feedsoft.ai/events/63094-sorghum-output-demand-declines-in-mexico-2018-09-21-world-grain.md) | +3.0% | +4.1% |
| CORN | 2021-02-10 | [To Feed Burgeoning Hog Herd, China Uses Wheat, Rice and Corn](https://feedsoft.ai/events/48624-to-feed-burgeoning-hog-herd-china-uses-wheat-rice-and-corn.md) | -3.0% | +2.1% |
| WHEAT | 2021-01-27 | [Smaller wheat and oat crops forecast for Canada \| 2021-01-27  \| World Grain](https://feedsoft.ai/events/49209-smaller-wheat-and-oat-crops-forecast-for-canada-2021-01-27-world-grain.md) | -10.0% | -0.5% |
| WHEAT | 2021-02-10 | [To Feed Burgeoning Hog Herd, China Uses Wheat, Rice and Corn](https://feedsoft.ai/events/48624-to-feed-burgeoning-hog-herd-china-uses-wheat-rice-and-corn.md) | +9.2% | +9.3% |
| WHEAT | 2021-10-28 | [Feed grain report: 28 October 2021 \| AHDB](https://feedsoft.ai/events/44683-feed-grain-report-28-october-2021-ahdb.md) | +10.0% | +9.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14794-chinas-feed-demand-buoyed-by-recovering-swine-herd

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