CHINA DATA: Dec corn imports climb 44.2% MOM, wheat imports 65% lower at 3.89 mil mt

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Feb 9, 2017China forecasts corn imports at decade low, spooking exporters+1.2%
• Jul 6, 2021Chinese corn, wheat imports slip | World Grain-1.9%
• Mar 9, 2021U.S. grains: Wheat and soy climb, corn sags after USDA data - Manitoba Co-operator-10.3%
• Jan 26, 2024USDA attache sees China 2023/24 corn imports at 20 mln tons-0.9%
• Dec 21, 2022China reduces soybean and corn imports, says customs - DatamarNews+3.5%

After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.

• Jul 6, 2021Chinese corn, wheat imports slip | World Grain-3.3%
• Jul 12, 2017Corn, winter wheat drag grains lower, as US supply-2.2%
• May 14, 2020Wheat dips to near 2-month low on abundant global supplies | Financial Post+0.4%
• Mar 9, 2022Global bean, cotton, corn stocks cut, wheat increased - Pro Farmer-3.1%
• May 14, 2025USDA forecasts lower wheat, corn, sorghum prices for 2025/26-3.8%