China grain stocks

[malleefarmer]

Bit of double Dutch here I reckon author seems to forget they haven’t taken delivery flicked him a email and he said China “claim” they have these stocks point of his article.


China is a huge producer and importer of various agricultural commodities. The percentage of global stocks of many commodities is very high and has been growing over the last decade.

I still hold a level of cynicism when it comes to these stocks. There are many questions related to whether these stocks are as high physically as they are on paper.

The data below is collected from the USDA, and is in order from highest to lowest across various significant commodities.

Corn 68%
Rice 65%
Wheat 50%
Cotton 39%
Soybeans 35%
****seed 26%
Sorghum 7%
Barley 2%


This season China is expected to hold 68% of the worlds corn stocks. Yet, they are also engaging in their most extensive import program on record. This import program has boosted grain pricing in recent months, which has been beneficial, but I question whether such high imports would be required, if stocks were as high.

[malleefarmer]

Still grappling with market direction for wheat.

And begs the question if China wasn’t so aggressive with buying grain prices would be in bottom 20% ?

[HITTGrapevine]

Bit of double Dutch here I reckon author seems to forget they haven’t taken delivery flicked him a email and he said China “claim” they have these stocks point of his article.


China is a huge producer and importer of various agricultural commodities. The percentage of global stocks of many commodities is very high and has been growing over the last decade.

I still hold a level of cynicism when it comes to these stocks. There are many questions related to whether these stocks are as high physically as they are on paper.

The data below is collected from the USDA, and is in order from highest to lowest across various significant commodities.

Corn 68%
Rice 65%
Wheat 50%
Cotton 39%
Soybeans 35%
****seed 26%
Sorghum 7%
Barley 2%


This season China is expected to hold 68% of the worlds corn stocks. Yet, they are also engaging in their most extensive import program on record. This import program has boosted grain pricing in recent months, which has been beneficial, but I question whether such high imports would be required, if stocks were as high.

No idea how accurate those numbers are Mallee. But for sure its an eye opener
China has about 18 or 19 percent of the world's population. India about 17 or 18.
By that measure, there is no way China should be holding those kind of food stocks.
North American stocks of almost every ag commodity are going the opposite way.
Money talks. China is a willing buyer and North America an eager seller
You'd have to wonder about the geo-political risks of one country accumulating nearly half of the world's food and feed stocks. Especially with China's aggressive efforts to expand their influence - both through military activity and economic means.
Looking more and more like China is in the drivers seat.
Other countries, especially Canada, are in the back seat, hanging on and hoping for the best.
Oh well, at least we have good political leadership here LMFAO

[Old Cowzilla]

China wouldn't tell anybody they have a shortage off anything at any time . Yet we have a shortage of something all the time,info, railcars,parts,fuel,fertilizer,seed,pipelines,cont ainers,cell service, hospital beds,workers,or so it seems !