China stopped buying U.S. corn primarily as retaliation to renewed trade tensions and tariffs imposed by the U.S. in 2025. Additionally, China is reducing dependence on U.S. agricultural products by diversifying suppliers—favoring Brazil and Argentina—and bolstering its domestic production to lower prices and strengthen food security.

Who is the biggest buyer of US corn?

In the 2022/2023 crop marketing year, (Sept. 1- Aug. 31) the United States exported 42.1 million metric tons (1.6 billion bushels) of corn to 58 different countries. Mexico (38.4 percent), China and Japan made up the top three U.S. corn export destinations.

Has China resumed buying US soybeans?

China resumed U.S. soybean purchases after the two countries' leaders met in late October, with the White House saying China had also agreed to buy at least 25 million metric tons annually over the next three years, starting in 2026.

Is China buying grain from the US?

Reuters' Ella Cao and Naveen Thukral reported that “China has bought about 12 million metric tons of U.S. soybeans, fulfilling a U.S.-stated pledge to purchase that volume by the end of February, three traders told Reuters on Tuesday, after a late-October trade truce spurred buying.”

Why is China canceling U.S. wheat shipments?

Market players suggest that China's decision to cancel US wheat imports may be driven by increasingly competitive pricing from Argentina. The South American nation has made significant strides to enhance its appeal in the global wheat market, notably by reducing its wheat export tax from 9.5% to 7.5%.

Why China’s Economy Doesn’t Want American Corn Anymore | WSJ U.S. vs. China

What is the #1 export that the US sends to China?

Growth in US exports to other top foreign markets in 2022 far outpaced growth in exports to China. Oilseeds and grains—crops like soybeans, wheat, and corn—remained the largest export to China by far.

Who is the biggest buyer of US soybeans?

China buys more US soybeans, total purchases approach 10 million...

• USDA reports 336,000 tons sold to China for 2025/26.
• Latest sales to ship March to May during peak Brazil shipping period.
• China's total US purchases estimated at 8.5 million to nearly 10 million tons.

Do U.S. citizens own land in China?

Foreign investors are not allowed to buy land in China. The land in China belongs to the state and the collectives.

What country owns most of the land in the United States?

Canada owns the most land in the United States among foreign countries, primarily agricultural land, holding around one-third of all foreign-owned U.S. farmland, followed by investors from the Netherlands, Italy, the U.K., and Germany, with China owning a very small percentage. While foreign ownership is growing, it's a small fraction (around 3-4%) of total U.S. agricultural land, and most of it is owned by friendly nations for farming and renewable energy projects.
 

How many acres of farmland does Bill Gates own?

Recent estimates are that Bill Gates owns around 270,000 acres of farmland around the United States. Gates himself has said in a recent Reddit AMA that he owns roughly 1/4000 of all farmland in the U.S. Given there are more than 893 million acres of farmland in the U.S., this number appears to be roughly correct.

Is Mexico buying U.S. corn?

U.S. corn exports to Mexico totaled 23.4 million metric tons (MMT), equivalent to 924 million bushels, in marketing year (MY) 2023/2024 according to data from the U.S. Department of Agriculture.

Who produces the best corn in the world?

The Bottom Line

Its versatility makes it a commodity that goes beyond consumption as a food. Corn is used to produce an enormous number of other food products, as well as fuel and industrial products. The top producers of corn by individual country are the U.S., China, Brazil, India, Argentina, and Mexico.

What is the 0.1% rule in China?

China's "0.1% Rule" refers to recent extraterritorial export controls on rare earth materials, requiring export licenses for foreign-made products containing 0.1% or more by value of Chinese-origin rare earths or made with controlled Chinese rare earth technology, impacting critical sectors like EVs, defense, and semiconductors by extending Beijing's control over global supply chains. This \"de minimis rule\" creates compliance hurdles for global manufacturers, demanding enhanced traceability to avoid licensing requirements for even trace amounts of Chinese-sourced components.

Does China rely on the US for food?

China's Food Trade Balance

In some areas, such as vegetables, China meets virtually all of its demand through domestic production. For other goods, China is heavily dependent on other countries. For instance, China relies on foreign suppliers (namely Brazil and the United States) for over 80 percent of its soybeans.

How much is 1 gallon of milk in China?

A gallon of milk in China costs $6.77, which is well above the U.S. average of $4.

Can people in China own guns?

With the exception of individuals with hunting permits and some ethnic minorities, civilian firearm ownership is restricted to non-individual entities. Law enforcement, military, paramilitary, and security personnel are allowed to use firearms. Police are to use issued pistols only to stop serious or dangerous crimes.

Why is homelessness so low in China?

A society where problems are hidden rather than solved can appear “orderly,” but that order is often achieved through coercion and silence, not care and dignity. Homelessness exists, but it is made largely invisible through a mix of short-term containment, forced removal, and strict control over reporting.

Why is Bill Gates buying up all the farmland?

Gates' reply was blunt: "I own less than 1/4000 of the farmland in the US. I have invested in these farms to make them more productive and create more jobs. There isn't some grand scheme involved—in fact all these decisions are made by a professional investment team."

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