# South American corn the cheapest feed grain available  | Stock Journal | SA

> Brazilian safrinha corn harvest has begun in Mato Grosso, with private forecasts of 110-112 million tonnes against CONAB's 114.6Mt and USDA's 116Mt. China has started buying Brazilian corn, which trades US$20-30 cheaper than US origin. US December corn returned above 710 cents per bushel after a brief dip on Ukraine corridor headlines.

- Date: 2022-06-17 · published 2022-06-17T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/41008-south-american-corn-the-cheapest-feed-grain-available-stock-journal-sa
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Chinese demand for cheaper Brazilian corn supports Brazilian export prices and competes with US corn, while uncertainty over Brazil's crop size adds some support.

## Read by commodity

- CORN: bearish ▼
- USDBRL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-10 | [Barley prices and China's changing grain demand \| Stock Journal \| SA](https://feedsoft.ai/events/26573-barley-prices-and-china-s-changing-grain-demand-stock-journal-sa.md) | +3.2% | +5.6% |
| CORN | 2020-03-09 | [Grain Journal \| China Feed Demand Down, According to Latest USDA…](https://feedsoft.ai/events/54128-grain-journal-china-feed-demand-down-according-to-latest-usda.md) | +0.3% | -1.7% |
| CORN | 2024-08-20 | [Grain Journal \| China Imports Record Amount of Feed Grains](https://feedsoft.ai/events/14727-grain-journal-china-imports-record-amount-of-feed-grains.md) | -3.5% | +5.3% |
| CORN | 2020-11-17 | [Mexican Grain Buyers Importing From South America - AgWeb](https://feedsoft.ai/events/50127-mexican-grain-buyers-importing-from-south-america-agweb.md) | +1.1% | +0.3% |
| CORN | 2017-03-27 | [Mexico considers granting duty-free access to South American corn - Brownfield Ag News](https://feedsoft.ai/events/71977-mexico-considers-granting-duty-free-access-to-south-american-corn-brownfield-ag.md) | +1.6% | +1.0% |
| USDBRL | 2019-03-07 | [China's Shopping List in America Has These Farm Goods at the Top - Bloomberg](https://feedsoft.ai/events/59968-china-s-shopping-list-in-america-has-these-farm-goods-at-the-top-bloomberg.md) | +0.3% | +0.7% |
| USDBRL | 2019-12-17 | [Brazilian soymeal headed for China
						 \| The Poultry Site](https://feedsoft.ai/events/55645-brazilian-soymeal-headed-for-china-the-poultry-site.md) | -0.1% | +2.7% |
| USDBRL | 2019-06-25 | [China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever \| South China Morning Post](https://feedsoft.ai/events/58593-china-s-us-soybean-and-pork-imports-down-55-3-per-cent-due-to-trade-war-african.md) | -0.1% | -1.5% |

## Sources

- stockjournal.com.au: https://www.stockjournal.com.au/story/7780876/cheap-feed-enters-the-market/

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