# USDA-FAS Report: China and Biofuels | Farm Policy News | Illinois

> A USDA FAS GAIN report on China's biofuels market says ethanol interest is growing and vehicle fleet expansion continues, with 194.4 million civilian vehicles in 2016 and passenger vehicle sales estimated to rise 9% in 2017. The report notes crude oil demand growth is moderating due to public transit, efficiency and electric vehicles.

- Date: 2017-10-27 · published 2017-10-27T12:00:00.000Z
- Category: report · region China · magnitude low
- Page: https://feedsoft.ai/events/68452-usda-fas-report-china-and-biofuels-farm-policy-news-illinois
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Rising Chinese fuel ethanol interest could eventually lift import demand for U.S. ethanol and corn, though current import duties limit near-term impact.

## Read by commodity

- WTI: neutral
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-07 | [2020 U.S. Ag Exports Second Highest on Record, Led by Soybeans, Corn and Pork to China \| Farm Policy News \| Illinois](https://feedsoft.ai/events/47452-2020-u-s-ag-exports-second-highest-on-record-led-by-soybeans-corn-and-pork-to.md) | +2.8% | +25.3% |
| CORN | 2021-11-11 | [China’s Coarse Grain Imports for 2020/21, Doubles the Previous Record \| Farm Policy News \| Illinois](https://feedsoft.ai/events/14983-china-s-coarse-grain-imports-for-2020-21-doubles-the-previous-record-farm.md) | -0.8% | +3.4% |
| CORN | 2026-04-10 | [USDA Raises Wheat, Corn and Soy Price Estimates - Farm Policy News](https://feedsoft.ai/events/19746-usda-raises-wheat-corn-and-soy-price-estimates-farm-policy-news.md) | +1.0% | +2.2% |
| CORN | 2020-10-12 | [Smaller Corn and Soybean Supply Forecast, as Derecho Harvest Impact Grows \| Farm Policy News \| Illinois](https://feedsoft.ai/events/11788-smaller-corn-and-soybean-supply-forecast-as-derecho-harvest-impact-grows-farm.md) | +2.1% | +5.7% |
| CORN | 2019-07-01 | [Federal Reserve: Observations on the Ag Economy- July 2019 \| Farm Policy News \| Illinois](https://feedsoft.ai/events/9495-federal-reserve-observations-on-the-ag-economy-july-2019-farm-policy-news.md) | +1.3% | +0.2% |
| WTI | 2022-11-03 | [EIA: What's Behind the Rapid Increases in Diesel Prices? - Fuels Market News](https://feedsoft.ai/events/7919-eia-what-s-behind-the-rapid-increases-in-diesel-prices-fuels-market-news.md) | -4.7% | -9.9% |
| WTI | 2018-04-12 | [EIA: Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/65697-eia-short-term-energy-outlook-fuels-market-news.md) | +2.4% | +6.5% |
| WTI | 2018-09-12 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/63219-eia-short-term-energy-outlook-fuels-market-news.md) | +0.8% | +8.2% |

## Sources

- farmpolicynews.illinois.edu: https://farmpolicynews.illinois.edu/2017/10/usda-fas-report-china-biofuels/

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