# China makes another large purchase of US corn  | World Grain

> The USDA reported that China bought 3.06 million tonnes of U.S. corn for delivery in 2021-22 across three transactions on May 7, 10 and 11. China also canceled 280,000 tonnes of 2020-21 corn purchases.

- Date: 2021-05-11 · published 2021-05-11T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/46955-china-makes-another-large-purchase-of-us-corn-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Forward buying for the new crop year supports deferred U.S. corn prices, though cancellations show some volatility in Chinese demand.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-03-23 | [China purchases US grain \| 2020-03-23  \| World Grain](https://feedsoft.ai/events/54006-china-purchases-us-grain-2020-03-23-world-grain.md) | -0.8% | -5.0% |
| CORN | 2020-03-24 | [China makes largest U.S. grain purchases since start of trade war - UPI.com](https://feedsoft.ai/events/54008-china-makes-largest-u-s-grain-purchases-since-start-of-trade-war-upi-com.md) | +6.1% | -4.7% |
| CORN | 2021-06-20 | [China Makes Large U.S. Soy Purchase, While Granting Domestic Subsidies to Its Grain Farmers](https://feedsoft.ai/events/46431-china-makes-large-u-s-soy-purchase-while-granting-domestic-subsidies-to-its.md) | -3.3% | -8.0% |
| CORN | 2020-07-14 | [China Makes Record U.S. Corn Purchase \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51985-china-makes-record-u-s-corn-purchase-farm-policy-news-illinois.md) | -1.1% | -3.2% |
| CORN | 2020-08-02 | [China Makes (Another) Record U.S. Corn Purchase in July, But Achieving Phase One Targets May Still be a Stretch \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51479-china-makes-another-record-u-s-corn-purchase-in-july-but-achieving-phase-one.md) | -1.4% | +7.2% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/15272-china-makes-another-large-purchase-of-us-corn

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