# Global Corn Dynamics: Surging US Export Demand, Smaller Supplies And A China Wildcard

> US corn export shipments have started the 2024/25 marketing year at a rapid pace, with sales over 234 million bushels ahead of last year through the first seven weeks and the fourth largest for that week in over 30 years. Global buyers are increasingly turning to US corn despite talk of ample world supply.

- Date: 2024-10-28 · published 2024-10-28T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/27875-global-corn-dynamics-surging-us-export-demand-smaller-supplies-and-a-china
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong US export demand tightens the export balance and supports US corn prices, while the columnist argues USDA may be overstating exportable supplies in Brazil, Ukraine, Russia and the EU.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-07-16 | [Soy, corn higher on improving export demand for U.S. supplies \| Financial Post](https://feedsoft.ai/events/52159-soy-corn-higher-on-improving-export-demand-for-u-s-supplies-financial-post.md) | +0.8% | -0.4% |
| CORN | 2024-12-11 | [Export demand surging for US corn, soybean oil \| Baking Business](https://feedsoft.ai/events/26904-export-demand-surging-for-us-corn-soybean-oil-baking-business.md) | +0.5% | +2.4% |
| CORN | 2022-07-11 | [China Is Hoarding Grain And Corn Amid Global Food Shortages \|](https://feedsoft.ai/events/14918-china-is-hoarding-grain-and-corn-amid-global-food-shortages.md) | -14.4% | -15.9% |
| CORN | 2019-12-12 | [Corn, wheat, soy rally on U.S.-China trade hopes, export demand \| Financial Post](https://feedsoft.ai/events/6298-corn-wheat-soy-rally-on-u-s-china-trade-hopes-export-demand-financial-post.md) | +5.5% | +5.7% |
| CORN | 2016-05-12 | [Export demand supports corn - Brownfield Ag News](https://feedsoft.ai/events/9924-export-demand-supports-corn-brownfield-ag-news.md) | +2.3% | +9.3% |

## Sources

- barchart.com: https://www.barchart.com/story/news/29259213/global-corn-dynamics-surging-us-export-demand-smaller-supplies-and-a-china-wildcard

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