# Corn consolidates after surge on export demand - Markets - Business Recorder

> Chicago corn was little changed after a steep rally on Thursday, as the USDA confirmed over 5.6 million tonnes of new-crop corn sales to China. The USDA did not show large-scale cancellations of old-crop purchases, and the IGC raised its 2021/22 global corn output forecast while still expecting a deficit.

- Date: 2021-05-28 · published 2021-05-28T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/47116-corn-consolidates-after-surge-on-export-demand-markets-business-recorder
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Confirmed Chinese buying supports export demand and keeps global supplies tight, though favourable US crop conditions are limiting further gains.

## Read by commodity

- SOY: neutral
- CORN: neutral
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-01 | [Ukraine seaport grain exports fall - Markets - Business Recorder](https://feedsoft.ai/events/52470-ukraine-seaport-grain-exports-fall-markets-business-recorder.md) | +2.0% | -0.6% |
| CORN | 2023-09-21 | [Asia rice: India’s export curbs stall trade; prices in other hubs decline - Markets - Business Recorder](https://feedsoft.ai/events/34185-asia-rice-india-s-export-curbs-stall-trade-prices-in-other-hubs-decline-markets.md) | -0.2% | +0.5% |
| CORN | 2025-09-24 | [Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand - Markets - Business Recorder](https://feedsoft.ai/events/22900-soybeans-ease-to-nearly-6-week-low-on-harvest-pressure-lack-of-china-demand.md) | -2.9% | -2.6% |
| CORN | 2026-09-29 | [US soybeans rise on bargain buying, China tariff decision limits gains - Markets - Business Recorder](https://feedsoft.ai/events/17521-us-soybeans-rise-on-bargain-buying-china-tariff-decision-limits-gains-markets.md) | -4.3% | -8.8% |
| CORN | 2023-03-01 | [Wheat recovers from 2021 lows; Black Sea grain in focus - Markets - Business Recorder](https://feedsoft.ai/events/36896-wheat-recovers-from-2021-lows-black-sea-grain-in-focus-markets-business-recorder.md) | +2.0% | +1.4% |
| WHEAT | 2020-06-01 | [Ukraine seaport grain exports fall - Markets - Business Recorder](https://feedsoft.ai/events/52470-ukraine-seaport-grain-exports-fall-markets-business-recorder.md) | -1.2% | -1.0% |
| WHEAT | 2020-08-19 | [Ukraine's 2020/21 grain exports fall 19.8pc so far - Markets - Business Recorder](https://feedsoft.ai/events/51462-ukraine-s-2020-21-grain-exports-fall-19-8pc-so-far-markets-business-recorder.md) | +3.1% | +11.2% |
| WHEAT | 2025-09-24 | [Soybeans ease to nearly 6-week low on harvest pressure, lack of China demand - Markets - Business Recorder](https://feedsoft.ai/events/22900-soybeans-ease-to-nearly-6-week-low-on-harvest-pressure-lack-of-china-demand.md) | -0.9% | +1.3% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40095988

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