China might start importing corn and wheat

What happens with the wheat market going forward largely depends on China, says an analyst.Canadian farmers harvested a record 40 million tonnes of wheat in 2025, including 29.3 million tonnes of spring wheat.The good news is that exports have been surpassing last year’s record pace so far in 2025-26.Chuck Penner, analyst with LeftField Commodity Research, thinks exports could hit a record 24 million tonnes, although it is still early days.The problem with this year’s wheat market is