
USDA's FAS forecasts China's 2026-27 feed grain use broadly stable at about 292 million tonnes, as a smaller sow herd limits hog feed demand. Corn's share of feed rations fell from 47% in January to 29% in August as users switch to wheat, barley and sorghum.
Lower corn inclusion in Chinese feed trims import opportunities for US and other corn exporters, a modestly bearish factor for corn and sorghum prices.
After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.