# Weathering the Storm: U.S. Corn Exports Drop as China Shifts Import Strategy

> A USDA report shows U.S. corn export sales to China in the 2023/24 marketing year fell about 62.8% year on year. Shipments totaled 2.82 million tons through August 2024, versus 7.54 million a year earlier. No new-crop purchases from China have been reported.

- Date: 2024-09-13 · published 2024-09-13T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/14719-weathering-the-storm-u-s-corn-exports-drop-as-china-shifts-import-strategy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The steep drop in Chinese demand removes a major buyer of U.S. corn and adds pressure to U.S. export prices. Weaker export sales could build U.S. stocks and weigh on domestic corn values.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-07-16 | [Gro Expects Drop in China Pork Imports and Lower Corn Feed Use](https://feedsoft.ai/events/46076-gro-expects-drop-in-china-pork-imports-and-lower-corn-feed-use.md) | -0.1% | -1.0% |
| CORN | 2025-05-14 | [U.S. soybean exports risk 20% drop without improved China deal](https://feedsoft.ai/events/14663-u-s-soybean-exports-risk-20-drop-without-improved-china-deal.md) | +3.8% | +0.4% |
| CORN | 2017-06-07 | [China Ag Imports Boom--Except for Corn](https://feedsoft.ai/events/70351-china-ag-imports-boom-except-for-corn.md) | +0.6% | +1.5% |
| CORN | 2019-01-03 | [Strong end to year as Ukraine corn, wheat exports jump -](https://feedsoft.ai/events/60947-strong-end-to-year-as-ukraine-corn-wheat-exports-jump.md) | +1.6% | +2.3% |
| CORN | 2020-11-20 | [China Targets U.S. Farm Imports With Tariffs on Soy, Corn - Pork Business](https://feedsoft.ai/events/50015-china-targets-u-s-farm-imports-with-tariffs-on-soy-corn-pork-business.md) | +0.1% | +1.2% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/weathering-the-storm-u-s-corn-exports-drop-as-china-shifts-import-strategy/

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