# Asia’s corn buyers seek bargains, but feed wheat remains priority - UkrAgroConsult

> Asian corn buyers are broadening supply sources to the Black Sea and South Africa, while feed wheat from Ukraine trades $45 a tonne below Ukrainian corn for nearby shipment. South Korea's feed group bought 65,000 tonnes of Black Sea corn in the week through July 2, and China was rumored to be buying Ukrainian corn.

- Date: 2021-07-14 · published 2021-07-14T12:00:00.000Z
- Category: trade · region Asia · magnitude low
- Page: https://feedsoft.ai/events/45912-asia-s-corn-buyers-seek-bargains-but-feed-wheat-remains-priority-ukragroconsult
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Feed wheat's price advantage over corn is pulling demand away from corn toward wheat, which weighs on corn export values while supporting wheat demand in feed markets.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2025-01-21 | [Export prices for barley in Ukraine reached the level of corn and feed wheat prices](https://feedsoft.ai/events/26576-export-prices-for-barley-in-ukraine-reached-the-level-of-corn-and-feed-wheat.md) | +3.4% | +5.7% |
| WHEAT | 2024-10-17 | [Barley prices in Ukraine follow wheat and corn prices up](https://feedsoft.ai/events/27941-barley-prices-in-ukraine-follow-wheat-and-corn-prices-up.md) | -1.1% | -2.1% |
| WHEAT | 2021-10-25 | [India turns major wheat supplier in South, West Asia as global prices soar 25.10.2021 - UkrAgroConsult](https://feedsoft.ai/events/44512-india-turns-major-wheat-supplier-in-south-west-asia-as-global-prices-soar-25-10.md) | +0.5% | +8.7% |
| WHEAT | 2022-09-23 | [Egypt Orders 1 Million Tons of French Wheat 23.09.2022 - UkrAgroConsult](https://feedsoft.ai/events/39521-egypt-orders-1-million-tons-of-french-wheat-23-09-2022-ukragroconsult.md) | -0.5% | -10.7% |
| WHEAT | 2025-09-16 | [Asia Millers Buy More U.S. Wheat on Competitive Prices, Black Sea Delays](https://feedsoft.ai/events/8334-asia-millers-buy-more-u-s-wheat-on-competitive-prices-black-sea-delays.md) | +0.3% | +1.5% |
| CORN | 2021-11-30 | [The collapse of world prices for wheat and corn has increased pressure on purchase prices in Ukraine 30.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/11601-the-collapse-of-world-prices-for-wheat-and-corn-has-increased-pressure-on.md) | +6.2% | +3.1% |
| CORN | 2023-09-29 | [U.S. corn prices slump as top buyer China turns to Brazil - Nikkei Asia](https://feedsoft.ai/events/14810-u-s-corn-prices-slump-as-top-buyer-china-turns-to-brazil-nikkei-asia.md) | +1.9% | +0.9% |
| CORN | 2022-02-08 | [Downward projection for Chinese corn import demand 08.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/14960-downward-projection-for-chinese-corn-import-demand-08-02-2022-ukragroconsult.md) | +1.9% | +14.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/asias-corn-buyers-seek-bargains-but-feed-wheat-remains-priority/
- fastmarkets.com: https://www.fastmarkets.com/insights/asias-corn-buyers-seek-bargains-but-feed-wheat-remains-priority/

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