Browse Data and Analysis

FAS China’s marketing year (MY) 2021/22 corn import forecast is 20 million metric tons (MMT) while its estimate for corn imports in MY 2020/21 is raised to 30 MMT.

FAS Tokyo estimates MY2020/21 corn imports will be 15.5 million tons, down 2.4 percent from the previous year due to high global corn prices.

Post’s MY2021/22 corn import forecast is 20 MMT, 6 MMTs below USDA’s official forecast with the expectation that demand softens as corn imported during the current marketing year enters commercial channels, stock building moderates, and the expansion of domestic corn area results in greater production.

Post forecasts China’s marketing year (MY)21/22 corn imports at 15 million metric tons (MMT) as market signals are encouraging additional domestic production over MY20/21 levels.

FAS Tokyo estimates stable feed demand in MY2020/21, but projects a slight shift from corn to rice, wheat, and barley in compound feed rations due to high corn prices.

China’s MY2020/21 feed and residual use for all coarse grains and feed-quality wheat and rice are estimated to increase to 249.9 million metric tons (MMT), up 15.6 MMT from the previous MY...

The MY 2020/21 wheat import forecast remains unchanged at 4 MMT. 2020/21 corn consumption projections are revised up to 12 MMT, consisting of 9.7 MMT for feed purposes and 2.3 MMT for food, seed...

China’s 2020/21 feed and residual use for all coarse grains and feed-quality wheat are estimated to increase 3.2 percent compared to the previous marketing year due to a projected recovery of swine...

Feed production is projected to increase slightly, reflecting stable livestock production and a slight increase in poultry production.

The government of China recently announced several grain policy changes to meet increasing feed demand and confront the global spread of COVID-19.

Stable demand for feed and relative price competitiveness are forecast to maintain Japan’s robust demand for corn in MY2020/21.

China’s overall feed demand and consumption are down though not as a dramatically as expected with the reduction in the swine herd due to African Swine Fever.