# Grain Journal | China Feed Demand Down, According to Latest USDA…

> USDA's GAIN reports say China's overall feed demand is down, though less than expected, as ASF cuts the swine herd. Losses are offset by growing poultry, egg and aquaculture feed use. Chinese purchases of U.S. grain and feed under the Phase One deal have not yet materialized, and tariff-rate quotas and competition remain barriers.

- Date: 2020-03-09 · published 2020-03-09T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/54128-grain-journal-china-feed-demand-down-according-to-latest-usda
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Unrealized Chinese purchase commitments keep U.S. feed grain export expectations uncertain, while modest domestic feed demand softness limits upside.

## Read by commodity

- SBM: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-10 | [Barley prices and China's changing grain demand \| Stock Journal \| SA](https://feedsoft.ai/events/26573-barley-prices-and-china-s-changing-grain-demand-stock-journal-sa.md) | +3.2% | +5.6% |
| CORN | 2024-08-20 | [Grain Journal \| China Imports Record Amount of Feed Grains](https://feedsoft.ai/events/14727-grain-journal-china-imports-record-amount-of-feed-grains.md) | -3.5% | +5.3% |
| CORN | 2018-11-02 | [As China soy demand wavers, U.S. farmers turn back to grains](https://feedsoft.ai/events/62089-as-china-soy-demand-wavers-u-s-farmers-turn-back-to-grains.md) | +3.2% | -4.0% |
| CORN | 2025-02-26 | [Panamax rates to fall further on China’s dwindling demand for grain](https://feedsoft.ai/events/26248-panamax-rates-to-fall-further-on-china-s-dwindling-demand-for-grain.md) | -6.0% | -0.4% |
| CORN | 2022-06-17 | [South American corn the cheapest feed grain available  \| Stock Journal \| SA](https://feedsoft.ai/events/41008-south-american-corn-the-cheapest-feed-grain-available-stock-journal-sa.md) | -4.2% | -4.3% |
| SBM | 2019-02-28 | [United States Wins WTO Dispute Finding China Provides Excessive Government Support to its Grain Producers \| USDA](https://feedsoft.ai/events/11846-united-states-wins-wto-dispute-finding-china-provides-excessive-government.md) | -1.0% | -0.2% |
| SBM | 2020-03-28 | [USSEC works to build preference for US soy beyond China - High Plains Journal](https://feedsoft.ai/events/54190-ussec-works-to-build-preference-for-us-soy-beyond-china-high-plains-journal.md) | -6.2% | -11.7% |
| SBM | 2020-05-15 | [Soybeans down, despite demand from China - Brownfield Ag News](https://feedsoft.ai/events/53164-soybeans-down-despite-demand-from-china-brownfield-ag-news.md) | -0.9% | +1.3% |

## Sources

- grainjournal.com: https://www.grainjournal.com/article/193838/china-feed-demand-down-according-to-latest-usda-global-agricultural-information-network-gain-reports

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