# U.S. corn, soy sales notably slower lately, China still a question mark | Reuters

> Chinese purchases of U.S. corn and soybeans have slowed sharply, with China's buying at 3.6 million tonnes versus 11.9 million and 10.6 million tonnes at the same point in 2021 and 2020. Some corn is being sourced from Ukraine, but those shipments are also down year over year.

- Date: 2022-10-28 · published 2022-10-28T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14891-u-s-corn-soy-sales-notably-slower-lately-china-still-a-question-mark-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Slower Chinese buying reduces export demand for U.S. feed grains and soybeans, pressuring U.S. futures and the basis, while weaker Ukrainian flows leave less alternative supply disrupted.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-11-09 | [Mexico not buying U.S. yellow corn as GM ban looms, Lopez Obrador says \| Reuters](https://feedsoft.ai/events/38652-mexico-not-buying-u-s-yellow-corn-as-gm-ban-looms-lopez-obrador-says-reuters.md) | +1.6% | -5.7% |
| CORN | 2023-04-24 | [US corn falls after China cancels purchases; drags wheat, soy lower](https://feedsoft.ai/events/10358-us-corn-falls-after-china-cancels-purchases-drags-wheat-soy-lower.md) | -0.7% | -9.9% |
| CORN | 2024-09-19 | [China forgoes US corn despite slowdown in Brazilian shipments \| Reuters](https://feedsoft.ai/events/14716-china-forgoes-us-corn-despite-slowdown-in-brazilian-shipments-reuters.md) | -0.7% | -2.4% |
| CORN | 2018-04-06 | [US oil closes 2.3% lower after Trump's latest China trade threats](https://feedsoft.ai/events/10843-us-oil-closes-2-3-lower-after-trump-s-latest-china-trade-threats.md) | -0.0% | +2.2% |
| CORN | 2022-12-08 | [China’s Brazilian corn haul surges; U.S. soy hopes briefly rise](https://feedsoft.ai/events/14877-china-s-brazilian-corn-haul-surges-u-s-soy-hopes-briefly-rise.md) | +1.0% | +3.2% |
| SOY | 2020-06-23 | [Column: Does China still need U.S. soybeans after Brazil's export bonanza? - Braun \| Reuters](https://feedsoft.ai/events/52673-column-does-china-still-need-u-s-soybeans-after-brazil-s-export-bonanza-braun.md) | -1.1% | +2.3% |
| SOY | 2026-02-20 | [Analysts say China less likely to buy US soy after Supreme Court decision \| Reuters](https://feedsoft.ai/events/14598-analysts-say-china-less-likely-to-buy-us-soy-after-supreme-court-decision.md) | +0.6% | +2.4% |
| SOY | 2023-10-25 | [China signs US soy export deals, but unclear if sales will follow  \| Reuters](https://feedsoft.ai/events/14804-china-signs-us-soy-export-deals-but-unclear-if-sales-will-follow-reuters.md) | -0.6% | +6.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/us-corn-soy-sales-notably-slower-lately-china-still-question-mark-2022-10-28/

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