# Argentina, Brazil eye crop exports to China as Trump tariffs loom - Nikkei Asia

> Argentina and Brazil are preparing to expand agricultural exports to China, including wheat and corn, as Beijing-Washington tensions are expected to escalate under a second Trump administration. Brazil already supplies about half of China's corn imports from January to October.

- Date: 2024-12-18 · published 2024-12-18T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/14697-argentina-brazil-eye-crop-exports-to-china-as-trump-tariffs-loom-nikkei-asia
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Expected South American gains in the Chinese market would reduce U.S. corn and wheat export share and weigh on U.S. prices.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-09-29 | [U.S. corn prices slump as top buyer China turns to Brazil - Nikkei Asia](https://feedsoft.ai/events/14810-u-s-corn-prices-slump-as-top-buyer-china-turns-to-brazil-nikkei-asia.md) | +1.9% | +0.9% |
| CORN | 2024-11-07 | [Trump's tariff threat puts US farm exports to China at risk](https://feedsoft.ai/events/14703-trump-s-tariff-threat-puts-us-farm-exports-to-china-at-risk.md) | -0.1% | -2.4% |
| CORN | 2017-06-05 | [Argentine corn exports set to compete hard with Brazil, U.S.](https://feedsoft.ai/events/70519-argentine-corn-exports-set-to-compete-hard-with-brazil-u-s.md) | +2.4% | -0.6% |
| CORN | 2022-11-03 | [Brazil moves closer to China corn exports as Beijing approves traders \| Reuters](https://feedsoft.ai/events/14886-brazil-moves-closer-to-china-corn-exports-as-beijing-approves-traders-reuters.md) | -0.6% | -3.9% |
| CORN | 2024-12-12 | [Trump trade war to hurt farmers as China turns to Brazil](https://feedsoft.ai/events/14698-trump-trade-war-to-hurt-farmers-as-china-turns-to-brazil.md) | -0.0% | +5.6% |
| WHEAT | 2018-07-09 | [As Tariffs Bite, China Cancels U.S. Soy Deals and Hunt Is on for New Export Markets](https://feedsoft.ai/events/63898-as-tariffs-bite-china-cancels-u-s-soy-deals-and-hunt-is-on-for-new-export.md) | -1.9% | +3.4% |
| WHEAT | 2022-12-07 | [Wheat prices touch 14-month low on surging Russian exports - Nikkei Asia](https://feedsoft.ai/events/6645-wheat-prices-touch-14-month-low-on-surging-russian-exports-nikkei-asia.md) | +10.0% | +8.7% |
| WHEAT | 2019-08-23 | [China to impose extra tariffs on U.S. soy, beef and pork](https://feedsoft.ai/events/57438-china-to-impose-extra-tariffs-on-u-s-soy-beef-and-pork.md) | +1.9% | +0.3% |

## Sources

- asia.nikkei.com: https://asia.nikkei.com/economy/trade/argentina-brazil-eye-crop-exports-to-china-as-trump-tariffs-loom

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