# China May Import 40% More Corn Than In The Last 60 Years Combined - AgWeb

> Corn has rallied about $2 per bushel from August lows as Chinese import demand has risen sharply. USDA estimates China will import 24 million tonnes this year, and private forecasts go above 30 million tonnes.

- Date: 2021-12-20 · published 2021-12-20T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/14974-china-may-import-40-more-corn-than-in-the-last-60-years-combined-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese import demand far above historical levels is a strong support for US corn prices, though the forecasts may be hard to sustain given current US export pace.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-09-29 | [Ukrainian corn exports in September are ten times lower than last year](https://feedsoft.ai/events/14180-ukrainian-corn-exports-in-september-are-ten-times-lower-than-last-year.md) | -1.8% | -1.5% |
| CORN | 2020-10-29 | [China Could Be Looking to Import More Corn \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/50500-china-could-be-looking-to-import-more-corn-farm-bureau-intel-markets-american.md) | -0.2% | +8.5% |
| CORN | 2023-04-05 | [Why China is the Wildcard for Corn Prices - AgWeb](https://feedsoft.ai/events/36433-why-china-is-the-wildcard-for-corn-prices-agweb.md) | -0.1% | -2.2% |
| CORN | 2020-11-26 | [China’s Set to Import More U.S. Corn and Squeeze Global Prices - Bloomberg](https://feedsoft.ai/events/50017-china-s-set-to-import-more-u-s-corn-and-squeeze-global-prices-bloomberg.md) | +0.1% | -0.9% |
| CORN | 2021-05-10 | [Corn Exports To China At Record Highs - 2021 Year in Review](https://feedsoft.ai/events/46953-corn-exports-to-china-at-record-highs-2021-year-in-review.md) | -6.8% | -6.6% |

## Sources

- agweb.com: https://www.agweb.com/opinion/china-may-import-40-more-corn-last-60-years-combined

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