# Chinese demand feeds feed price increases

> CoBank projects US animal protein producers will face a 12% rise in feed costs in 2021, the highest year-over-year inflation since 2011. Corn futures are above $4 per bushel and soybean meal near $350 per ton, with China's herd rebuilding driving grain demand.

- Date: 2020-12-11 · published 2020-12-11T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/49769-chinese-demand-feeds-feed-price-increases
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher corn and soybean meal prices feed directly into livestock and poultry production costs, supporting the price outlook for feed grains and protein meals while squeezing producer margins.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- HOGS: neutral
- CHICKEN: neutral
- LCATTLE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-07-31 | [Grain Transport Demand Strong Despite Fuel Price Swings \| Feed & Grain](https://feedsoft.ai/events/16352-grain-transport-demand-strong-despite-fuel-price-swings-feed-and-grain.md) | -0.1% | +7.1% |
| 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 | 2024-10-09 | [USDA forecasts slight improvement in China’s feed demand \| MEAT+POULTRY](https://feedsoft.ai/events/27856-usda-forecasts-slight-improvement-in-china-s-feed-demand-meat-poultry.md) | -3.3% | -0.7% |
| CORN | 2022-07-05 | [Impacts and Repercussions of Price Increases on the Global Fertilizer Market](https://feedsoft.ai/events/40415-impacts-and-repercussions-of-price-increases-on-the-global-fertilizer-market.md) | +1.9% | -14.6% |
| SBM | 2024-09-10 | [Rising Chinese feed demand pushes increase of oilseed crushing \| MEAT+POULTRY](https://feedsoft.ai/events/28296-rising-chinese-feed-demand-pushes-increase-of-oilseed-crushing-meat-poultry.md) | +0.7% | +1.9% |
| SBM | 2020-09-09 | [Feed demand increases China’s soybean imports \| 2020-09-09  \| World Grain](https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain.md) | +2.3% | +15.3% |
| SBM | 2019-04-04 | [China oilseed demand increases despite outbreak concerns \| 2019-04-04  \| World Grain](https://feedsoft.ai/events/59587-china-oilseed-demand-increases-despite-outbreak-concerns-2019-04-04-world-grain.md) | -0.3% | -6.0% |

## Sources

- feedstuffs.com: https://www.feedstuffs.com/market-news/chinese-demand-feeds-feed-price-increases

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