# China purchases US grain | 2020-03-23  | World Grain

> China bought 1.206 million tonnes of US grain according to a March 20 USDA report, including 756,000 tonnes of corn, 340,000 tonnes of hard red winter wheat, and 110,000 tonnes of soybeans. The wheat purchase falls under China's 9.64 million metric ton tariff rate quota.

- Date: 2020-03-23 · published 2020-03-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/54006-china-purchases-us-grain-2020-03-23-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large Chinese purchases of US corn and HRW wheat support export demand and prices, and the wheat purchase signals movement toward China's wheat TRQ commitments.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-11 | [China makes another large purchase of US corn  \| World Grain](https://feedsoft.ai/events/46955-china-makes-another-large-purchase-of-us-corn-world-grain.md) | -7.7% | -2.5% |
| CORN | 2020-08-17 | [China increasing US sorghum imports \| 2020-08-17  \| World Grain](https://feedsoft.ai/events/51678-china-increasing-us-sorghum-imports-2020-08-17-world-grain.md) | +1.3% | +9.3% |
| CORN | 2018-08-24 | [China grain imports fall sharply \| 2018-08-24  \| World Grain](https://feedsoft.ai/events/63417-china-grain-imports-fall-sharply-2018-08-24-world-grain.md) | -0.9% | +0.4% |
| CORN | 2020-03-24 | [China makes largest U.S. grain purchases since start of trade war - UPI.com](https://feedsoft.ai/events/54008-china-makes-largest-u-s-grain-purchases-since-start-of-trade-war-upi-com.md) | +6.1% | -4.7% |
| CORN | 2022-08-16 | [China Grain Purchases Remain Steady After Concerns over U.S. Visit to Taiwan - ProAg](https://feedsoft.ai/events/14911-china-grain-purchases-remain-steady-after-concerns-over-u-s-visit-to-taiwan.md) | -3.7% | +2.5% |
| KWHEAT | 2020-03-24 | [China makes largest U.S. grain purchases since start of trade war - UPI.com](https://feedsoft.ai/events/54008-china-makes-largest-u-s-grain-purchases-since-start-of-trade-war-upi-com.md) | -0.6% | +1.5% |
| KWHEAT | 2020-04-27 | [Russia to halt wheat exports \| 2020-04-27  \| World Grain](https://feedsoft.ai/events/53497-russia-to-halt-wheat-exports-2020-04-27-world-grain.md) | +1.5% | -6.4% |
| KWHEAT | 2026-05-19 | [White House expands trade deal with China \| World Grain](https://feedsoft.ai/events/14580-white-house-expands-trade-deal-with-china-world-grain.md) | -3.9% | -9.9% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/13446-china-purchases-us-grain

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