# China's corn market sees little impact from subsidies to feed millers

> Chinese corn market participants reacted lukewarmly to an official subsidy for feed millers in Jilin province announced on the State Administration of Grain website. Market sources said the impact so far has been minimal.

- Date: 2017-02-13 · published 2017-02-13T12:00:00.000Z
- Category: policy · region China · magnitude low
- Page: https://feedsoft.ai/events/72469-china-s-corn-market-sees-little-impact-from-subsidies-to-feed-millers
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A limited reaction suggests the subsidy will do little to lift Chinese corn demand or prices in the near term, keeping feed grain import needs unchanged.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-10-25 | [Feed millers push for GMO imports to cut rising costs - Business Daily](https://feedsoft.ai/events/44690-feed-millers-push-for-gmo-imports-to-cut-rising-costs-business-daily.md) | +3.5% | +9.0% |
| CORN | 2024-06-24 | [China Imposes More Fertilizer Export Controls to Protect Farmers - Bloomberg](https://feedsoft.ai/events/29670-china-imposes-more-fertilizer-export-controls-to-protect-farmers-bloomberg.md) | -7.2% | -5.0% |
| CORN | 2020-07-27 | [U.S. Challenges to China’s Farm Policies - EveryCRSReport.com](https://feedsoft.ai/events/51983-u-s-challenges-to-china-s-farm-policies-everycrsreport-com.md) | -1.6% | +2.2% |
| CORN | 2023-04-09 | [Opinion: Curb China's domination of amino acids market](https://feedsoft.ai/events/36723-opinion-curb-china-s-domination-of-amino-acids-market.md) | +1.8% | -0.5% |
| CORN | 2020-07-13 | [With the USMCA monopolistic companies would dominate the seed market in Mexico - The Mazatlan Post](https://feedsoft.ai/events/52080-with-the-usmca-monopolistic-companies-would-dominate-the-seed-market-in-mexico.md) | -1.6% | -5.7% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/agriculture/021317-chinas-corn-market-sees-little-impact-from-subsidies-to-feed-millers

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