Key facts
- China's corn imports for feed use are expected to decline in the 2024/2025 marketing year.
- Reduced demand from the livestock sector is cited as the main reason for the projected decrease.
- Fluctuating feed inclusion rates are influencing the demand for corn.
China's imports of corn for feed use are anticipated to decrease in the upcoming marketing year, according to a report from the USDA's Foreign Agricultural Service (FAS). This projected decline is primarily attributed to reduced demand from the livestock sector, influenced by fluctuating feed inclusion rates. The FAS report indicates that while grain production remains steady, the dynamics within the feed market are leading to a recalibration of import needs.