China
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Data and Analysis
China’s peach and nectarine production is forecast to fall 3 percent year-on-year to 17 MMT in MY 2025/26, driven by drought in the northwest and a spring cold snap in the north.
China remains a leading producer of food and agricultural products, as well as a top market for U.S. agricultural exports. Demand for U.S. agricultural and food products remained strong with imports of U.S. consumer-oriented products totaling $7.1 billion, according to China’s import data.
Post forecasts MY2025/26 China's corn production at 298 MMT, up 3 MMT from MY2024/25, while imports are projected at 8 MMT, up 1 MMT year-over-year but still well below historical levels.
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News and Features
Private exporters reported the following sales activity for MY 2024/2025: 132,000 MT of soybeans for delivery to China and 135,000 MT of corn for delivery to Taiwan.
Private exporters reported sales of 198,000 MT of soybeans for delivery to China during MY 2024/2025.
Private exporters reported sales of 198,000 MT of soybeans for delivery to China during MY 2024/2025.