# US corn sales hike drives expectations of 70 million mt exports - Fastmarkets

> US corn net sales for the week came in at 4.48 million mt for the current marketing year, with Chinese buying bringing the total to about 65 million mt. A private exporters report also showed Japan booking 110,000 mt. Analysts expect USDA to raise its export estimate toward 2.8 billion bushels (about 71 million mt) in its April update.

- Date: 2021-03-26 · published 2021-03-26T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/10760-us-corn-sales-hike-drives-expectations-of-70-million-mt-exports-fastmarkets
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Export sales running ahead of USDA's forecast point to tighter US old-crop corn supplies and support corn prices. A higher export estimate would reduce carryout expectations.

## Read by commodity

- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2021-03-26 | 5 | +10.7% | 3.3 | Record weekly US corn net sales of 4.48 mt driven by China and expectations of higher export estimates supported demand-driven price strength at the end of the window. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-09-17 | [Black Sea corn reaps the rewards of US, South America export woes - Fastmarkets](https://feedsoft.ai/events/44921-black-sea-corn-reaps-the-rewards-of-us-south-america-export-woes-fastmarkets.md) | -4.3% | -5.3% |
| CORN | 2021-08-11 | [Ukraine's forward sales and demand hopes support corn prices - Fastmarkets](https://feedsoft.ai/events/45600-ukraine-s-forward-sales-and-demand-hopes-support-corn-prices-fastmarkets.md) | +1.1% | -7.3% |
| CORN | 2025-12-03 | [US corn futures rise on strong export sales](https://feedsoft.ai/events/21540-us-corn-futures-rise-on-strong-export-sales.md) | +0.7% | -0.4% |
| CORN | 2024-10-15 | [Mexico's corn imports surge amid production challenges - Fastmarkets](https://feedsoft.ai/events/27818-mexico-s-corn-imports-surge-amid-production-challenges-fastmarkets.md) | -0.1% | +2.6% |
| CORN | 2026-03-05 | [US corn exports surge as sorghum reaches marketing-year high \| Feed & Grain](https://feedsoft.ai/events/20210-us-corn-exports-surge-as-sorghum-reaches-marketing-year-high-feed-and-grain.md) | +2.4% | +4.6% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/us-corn-sales-hike-drives-expectations-of-70-million-mt-exports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.