
Chinese buyers have booked about 45 cargoes (at least 2.5 million tons) of U.S. sorghum over three months, triple all of 2025 shipments. They are also taking about one million tons of Australian barley monthly since December after rain damaged China's domestic corn harvest.
Heavy Chinese demand for sorghum and barley as corn substitutes supports export prices for these feed grains and could pull corn import demand toward alternatives.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.