# Hedgepoint analyzes imports, exports and the current scenario of the corn market - Cultivar Magazine

> Hedgepoint analysts say China's corn imports in 2024 were 3.3 million tons, about 38% of the 8.7 million tons received in 2023, according to Chinese customs. Brazil supplied about 48% of imports and the U.S. about 44%. Brazil's corn export program is also underperforming versus last year.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/14720-hedgepoint-analyzes-imports-exports-and-the-current-scenario-of-the-corn-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower Chinese import demand reduces export outlets for both U.S. and Brazilian corn, which is bearish for global corn prices. Sluggish Brazilian exports could ease competition for U.S. suppliers.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-09 | [The slow pace of exports lower corn prices](https://feedsoft.ai/events/9819-the-slow-pace-of-exports-lower-corn-prices.md) | -2.5% | +1.2% |
| CORN | 2024-05-01 | [Barley Market Report: Rising Prices, Export Trends, and Drought Concerns - The Barley Bin](https://feedsoft.ai/events/30332-barley-market-report-rising-prices-export-trends-and-drought-concerns-the.md) | +2.6% | +7.2% |
| CORN | 2022-09-13 | [Ag Exports to Take Hit in 2023 and Tariffs on Chinese Imports to Stay - AG INFORMATION NETWORK OF THE WEST](https://feedsoft.ai/events/39583-ag-exports-to-take-hit-in-2023-and-tariffs-on-chinese-imports-to-stay-ag.md) | -2.9% | -2.1% |
| CORN | 2024-08-22 | [Is America's No. 1 Corn Export Market at Risk?](https://feedsoft.ai/events/28744-is-america-s-no-1-corn-export-market-at-risk.md) | -2.2% | +6.2% |
| 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% |

## Sources

- revistacultivar.com: https://revistacultivar.com/index.php/news/hedgepoint-analyzes-imports%2C-exports-and-the-current-corn-market-scenario

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