# Corn market 281 | Maiz'Europ'

> Chicago December corn prices rose 6 dollars per tonne in late September to 213 dollars per tonne, driven by fund buying and tight world cereal supplies. Mexico confirmed its proposed GM maize import ban would not apply to feed maize, which accounts for most of its US imports. China's grain bureau cut its 2021/22 corn import forecast to 20 Mt from the USDA's 26 Mt.

- Date: 2021-10-21 · published 2021-10-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/44568-corn-market-281-maiz-europ
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Mexico's clarification protects most US corn exports to Mexico, but the lower Chinese import estimate weighs on global demand and prices.

## Read by commodity

- CORN: bullish ▲

## Sources

- maizeurop.com: https://www.maizeurop.com/en/publication/corn-market-281/

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