China: Grain and Feed Update

  |   Attaché Report (GAIN)   |   CH2021-0115

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. Corn imported during the current marketing year is expected to enter commercial channels throughout the next year. As the feed sector sources cheaper feed grain alternatives and growth in feed demand increases at a slower rate, demand for imported corn is expected to moderate. Production revisions are based on analysis of harvested area and estimated yield trends as there have been few reported large-scale weather or pest-related production disruptions to cereal and coarse grains. This update includes revisions to FAS China forecasts and estimates for corn, sorghum, barley, wheat, and rice.

Related Reports

Attaché Report (GAIN)

Taiwan: 2023 US Agricultural Exports to Taiwan Summary

In 2023, the total value of U.S. agricultural and related products exported to Taiwan was $3.7 billion, a decrease of 15 percent compared to the previous year.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Rice export prices further decreased 1-2 percent due to the weakening of the Thai baht.
Attaché Report (GAIN)

Ukraine: Poultry and Products Semi-annual

Ukraine’s chicken meat production continued to recover in 2023, driven by low feed costs and stable energy supplies and macroeconomic environment. Facing lower world market poultry prices in the first three quarters of 2023, Ukrainian poultry producers concentrated on import replacement on the domestic market and exports to the European Union, under the tariff- and quota-free access granted to Ukraine in solidarity after Russia’s full-scale invasion.