IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.56▼ 0.40% USD/MXN18.61▼ 0.08% USD/CLP983.23▼ 0.10% USD/COP3,288▲ 0.43% USD/PEN3.41▼ 0.04% USD/ARS1,547▲ 0.09% USD/UYU40.52▲ 3.70% USD/PYG6,174▲ 1.84% USD/BOB11.63▲ 0.92% USD/DOP60.70▲ 0.50% USD/CRC446.01▲ 1.66% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 0.20% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.33% USD/TTD6.72▲ 2.23% EUR/BRL6.17▼ 0.16% BRENT 94.04 ▲ 2.79% WTI 88.26 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.32% GOLD 4,011 ▼ 0.47% SILVER 52.24 ▲ 2.23% SOY 1,229 ▲ 0.35% CORN 445.50 ▼ 0.78% WHEAT 597.50 ▲ 0.80% COFFEE 265.90 ▼ 2.03% SUGAR 18.49 ▲ 2.21% ORANGE JUICE 144.20 ▼ 1.74% COTTON 82.64 ▲ 5.02% COCOA 5,041 ▲ 6.31% BEEF 219.25 ▲ 0.02% CATTLE 333.58 ▲ 0.98% LITHIUM 61.24 ▲ 2.10% PETR4 44.21 ▼ 1.65% VALE3 64.46 ▼ 0.52% ITUB4 41.79 ▲ 1.43% BBDC4 14.57 ▲ 0.21% ABEV3 15.80 ▲ 0.06% BBAS3 17.15 ▲ 0.29% B3SA3 14.81 ▲ 2.28% WEGE3 51.37 ▲ 0.82% PRIO3 61.58 ▲ 2.60% SUZB3 54.35 ▼ 0.20% RENT3 30.50 ▲ 2.38% AZZA3 15.14 ▲ 2.78% CSAN3 2.85 ▲ 6.34% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.40 ▼ 0.58% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.12 ▲ 0.18% NATU3 5.61 ▲ 1.08% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.46 ▲ 1.83% IBOV 172,496.87 ▲ 0.68% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.56 ▼ 0.40% USD/MXN 18.60 ▼ 0.13% USD/CLP 984.36 ▲ 0.01% USD/COP 3,287 ▲ 0.39% USD/PEN 3.41 ▼ 0.06% USD/ARS 1,547 ▲ 0.09% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 1.84% USD/BOB 11.63 ▲ 0.92% USD/DOP 60.70 ▲ 0.50% USD/CRC 446.01 ▲ 1.66% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.90 ▲ 0.20% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.33% USD/TTD 6.72 ▲ 2.23% EUR/BRL 6.17 ▼ 0.11% BRENT 94.04 ▲ 2.79% WTI 88.26 ▲ 2.58% IRON ORE 161.91 — — COPPER 6.30 ▲ 1.32% GOLD 4,011 ▼ 0.47% SILVER 52.24 ▲ 2.23% SOY 1,229 ▲ 0.35% CORN 445.50 ▼ 0.78% WHEAT 597.50 ▲ 0.80% COFFEE 265.90 ▼ 2.03% SUGAR 18.49 ▲ 2.21% ORANGE JUICE 144.20 ▼ 1.74% COTTON 82.64 ▲ 5.02% COCOA 5,041 ▲ 6.31% BEEF 219.25 ▲ 0.02% CATTLE 333.58 ▲ 0.98% LITHIUM 61.24 ▲ 2.10% PETR4 44.21 ▼ 1.65% VALE3 64.46 ▼ 0.52% ITUB4 41.79 ▲ 1.43% BBDC4 14.57 ▲ 0.21% ABEV3 15.80 ▲ 0.06% BBAS3 17.15 ▲ 0.29% B3SA3 14.81 ▲ 2.28% WEGE3 51.37 ▲ 0.82% PRIO3 61.58 ▲ 2.60% SUZB3 54.35 ▼ 0.20% RENT3 30.50 ▲ 2.38% AZZA3 15.14 ▲ 2.78% CSAN3 2.85 ▲ 6.34% RAIZ4 0.30 ▼ 98.77% PCAR3 2.57 ▲ 0.39% GMAT3 3.96 ▲ 3.94% PSSA3 46.40 ▼ 0.58% CVCB3 0.89 ▲ 3.49% POSI3 3.26 ▲ 3.49% SLCE3 17.12 ▲ 0.18% NATU3 5.61 ▲ 1.08% BRKM5 2.98 ▲ 2.05% RANI3 8.48 ▲ 0.36% CSNA3 4.46 ▲ 1.83%
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Wednesday, November 11, 2026

Agri Business Business - Brazil

Corn Import Collapse Lays Bare China’s Economic Troubles Beneath Government’s Growth Narrative

By · · 3 min read

China has sharply reduced how much corn it buys from other countries, according to official data from the General Administration of Customs. In the first months of 2025, China’s corn and wheat imports fell by 97% compared to the previous year.

This drop is the most significant in years, and it’s changing the way global food markets work. The main reason for this change is that Chinese people are buying less meat.

When people eat less meat, farmers need less animal feed, and corn is a key ingredient in that feed. China’s economy has slowed down, and many families have less money to spend.

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The National Bureau of Statistics reports that incomes in cities have barely grown, and falling property prices have made people feel less wealthy. As a result, they spend less on things like beef and pork, so farmers buy less corn for feed.

China’s government also wants to rely less on food from other countries. It has set strict limits on how much corn companies can import and told them to buy more from Chinese farmers.

Corn Import Collapse Lays Bare China’s Economic Troubles Beneath Government’s Growth Narrative
Corn Import Collapse Lays Bare China’s Economic Troubles Beneath Government’s Growth Narrative.
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The government has set a quota for corn imports at 7.2 million metric tons for 2025, with most of that going to state-owned companies. Officials have even canceled some orders that were already placed, to help local farmers.

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China’s Shifting Agricultural Imports Reshape Global Trade

Trade disputes have played a part as well. China put extra taxes on corn, wheat, and soybeans from the United States, making them more expensive. It also banned some American exporters.

This has pushed China to buy more from Brazil and Argentina instead, but even those purchases have dropped as demand has fallen. China’s imports of other farm products have changed too.

In May 2025, China brought in a record amount of soybeans after delays at ports, but total soybean imports for the year are slightly down. Imports of palm oil and cotton have also dropped, partly because of higher prices and less demand.

China is buying less cotton from the United States and more from Brazil. These changes matter for farmers and exporters around the world. When China buys less, prices can fall, and other countries have to find new buyers.

China’s new approach—buying less from abroad and more from its own farmers—shows how economic changes and government decisions can quickly reshape global trade.

All facts in this story come from official Chinese customs data and government reports. No details have been made up or exaggerated.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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