# Ethanol push turns India into corn importer, shaking up global market

> Indian corn imports are rising as the government promotes corn-based ethanol, with India set to become a permanent net importer. Indian poultry producers are lobbying to remove corn import duties and lift the GM corn ban.

- Date: 2024-09-04 · published 2024-09-04T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/28323-ethanol-push-turns-india-into-corn-importer-shaking-up-global-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Expected Indian import demand is likely to support global corn prices, which are near four-year lows, while policy changes could further expand import flows.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-05-16 | [Explainer: What India's u-turn on wheat exports means for world markets](https://feedsoft.ai/events/41430-explainer-what-india-s-u-turn-on-wheat-exports-means-for-world-markets.md) | +0.1% | +0.3% |
| CORN | 2017-09-03 | [Genesus Global Market Report: China
						 \| The Pig Site](https://feedsoft.ai/events/68944-genesus-global-market-report-china-the-pig-site.md) | +0.6% | +1.9% |
| CORN | 2019-11-06 | [Indiana grower touts ethanol at EPA hearing - Morning Ag Clips](https://feedsoft.ai/events/55930-indiana-grower-touts-ethanol-at-epa-hearing-morning-ag-clips.md) | -0.7% | -0.9% |
| CORN | 2025-06-20 | [US biofuel policy increases ethanol margins; DDGS market sees limited impact](https://feedsoft.ai/events/24201-us-biofuel-policy-increases-ethanol-margins-ddgs-market-sees-limited-impact.md) | -3.3% | -3.7% |
| CORN | 2024-06-05 | [Brazil could triple corn ethanol output, margins to stay healthy: Inpasa](https://feedsoft.ai/events/29741-brazil-could-triple-corn-ethanol-output-margins-to-stay-healthy-inpasa.md) | +5.7% | -3.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/ethanol-push-turns-india-into-corn-importer-shaking-up-global-market-2024-09-04/

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