# Feed demand increases China’s soybean imports | 2020-09-09  | World Grain

> A USDA GAIN report projects China's 2020-21 soybean imports at 95 million tonnes, driven by continued feed demand from the recovering hog and poultry sectors. Soybean meal feed use is forecast to rise to 71.4 million tonnes. Brazil's record May-June import surge was attributed to supply-chain fears.

- Date: 2020-09-09 · published 2020-09-09T12:00:00.000Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/51186-feed-demand-increases-china-s-soybean-imports-2020-09-09-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong Chinese import demand supports global soybean and meal prices and tightens export availability for other origins. Buyers should expect firm meal demand through 2021 as China rebuilds its hog herd.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-08-01 | [Demand for oilseeds drives China’s soybean imports \| World-grain.com \| August 01, 2017 14:22 \| World Grain](https://feedsoft.ai/events/69328-demand-for-oilseeds-drives-china-s-soybean-imports-world-grain-com-august-01.md) | -3.5% | -6.0% |
| SOY | 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) | +3.5% | +5.8% |
| SOY | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +2.5% | +2.8% |
| SOY | 2025-03-24 | [China’s soybean demand, crush projected to grow \| World Grain](https://feedsoft.ai/events/25571-china-s-soybean-demand-crush-projected-to-grow-world-grain.md) | +1.3% | +2.0% |
| SOY | 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) | +0.4% | -7.6% |
| SBM | 2017-08-01 | [Demand for oilseeds drives China’s soybean imports \| World-grain.com \| August 01, 2017 14:22 \| World Grain](https://feedsoft.ai/events/69328-demand-for-oilseeds-drives-china-s-soybean-imports-world-grain-com-august-01.md) | -3.3% | -7.3% |
| SBM | 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) | +6.3% | +5.3% |
| SBM | 2022-03-21 | [China to import record soybean volume in 2022-23 \| World Grain](https://feedsoft.ai/events/42291-china-to-import-record-soybean-volume-in-2022-23-world-grain.md) | +1.4% | -3.3% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/14199-feed-demand-increases-chinas-soybean-imports

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