# INTERVIEW: China grain demand reflects structural change: US Grains Council

> US Grains Council China director Bryan Lohmar told S&P Global Platts that China's surge in grain demand reflects structural change rather than a temporary shortage. China's corn imports reached 7.8 million mt in January-October, up 1,151% year on year, exceeding its 7.2 million mt tariff rate quota, while wheat and barley imports also rose sharply.

- Date: 2020-11-26 · published 2020-11-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/50014-interview-china-grain-demand-reflects-structural-change-us-grains-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Structurally higher Chinese import demand supports global corn, wheat and barley prices and favors US exporters, as domestic stocks are depleted and US corn is competitively priced.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-13 | [China's Q1 soybean, grains imports surge on strong demand](https://feedsoft.ai/events/11178-china-s-q1-soybean-grains-imports-surge-on-strong-demand.md) | +1.5% | +23.9% |
| CORN | 2019-09-30 | [Grains Council works to build demand in East Africa](https://feedsoft.ai/events/57155-grains-council-works-to-build-demand-in-east-africa.md) | -0.9% | +1.1% |
| CORN | 2020-08-26 | [China’s demand for feed grains on the rise \| Feed Strategy](https://feedsoft.ai/events/51597-china-s-demand-for-feed-grains-on-the-rise-feed-strategy.md) | +1.5% | +7.0% |
| CORN | 2020-05-21 | [U.S. Corn Supply and Chinese Demand Front-And-Center During Virtual JCI Conference - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/53099-u-s-corn-supply-and-chinese-demand-front-and-center-during-virtual-jci.md) | +0.2% | +2.8% |
| CORN | 2020-09-11 | [China maintains strong demand for U.S. corn, soy: USDA](https://feedsoft.ai/events/50982-china-maintains-strong-demand-for-u-s-corn-soy-usda.md) | +4.5% | +5.3% |
| WHEAT | 2021-04-13 | [China's Q1 soybean, grains imports surge on strong demand](https://feedsoft.ai/events/11178-china-s-q1-soybean-grains-imports-surge-on-strong-demand.md) | +4.1% | +7.2% |
| WHEAT | 2023-11-16 | [Feedgrain Focus: Barley lifts on China demand - Grain Central](https://feedsoft.ai/events/12477-feedgrain-focus-barley-lifts-on-china-demand-grain-central.md) | +3.7% | +0.5% |
| 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% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/112620-interview-china-grain-demand-reflects-structural-change-us-grains-council

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