# BIMCO: U.S. Coarse Grain "Madness" Triples Ton-Mile Demand

> US seaborne coarse grain exports hit a record 9.2 million tonnes in March and 21.3 million tonnes in Q1 2021, up 120% year on year. Asia took 68% of the total, and exports to China rose nearly tenfold from Q1 2020 as China became the largest buyer.

- Date: 2021-05-05 · published 2021-05-05T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/47292-bimco-u-s-coarse-grain-madness-triples-ton-mile-demand
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Strong Chinese demand for US corn is tightening export supplies and lengthening ton-mile voyages, which supports US corn prices and ocean freight rates.

## Read by commodity

- CORN: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-12-23 | [Report: Mexico’s demand for US grain to grow \| World Grain](https://feedsoft.ai/events/21477-report-mexico-s-demand-for-us-grain-to-grow-world-grain.md) | -0.9% | -3.8% |
| CORN | 2021-03-23 | [China Demand Likely to Continue \| Feed & Grain](https://feedsoft.ai/events/8504-china-demand-likely-to-continue-feed-and-grain.md) | -0.5% | +3.5% |
| CORN | 2020-08-26 | [China’s demand for feed grains on the rise \| Feed Strategy](https://feedsoft.ai/events/51597-china-s-demand-for-feed-grains-on-the-rise-feed-strategy.md) | +1.5% | +7.0% |
| CORN | 2017-10-19 | [U.S. grains: Soy, wheat, corn firm on export demand - AgCanada](https://feedsoft.ai/events/68544-u-s-grains-soy-wheat-corn-firm-on-export-demand-agcanada.md) | +0.4% | -5.5% |
| CORN | 2025-04-25 | [Grain transportation demand surges amid strong corn exports \| Feed & Grain](https://feedsoft.ai/events/16460-grain-transportation-demand-surges-amid-strong-corn-exports-feed-and-grain.md) | -2.1% | -1.5% |

## Sources

- maritimeprofessional.com: https://www.maritimeprofessional.com/news/bimco-coarse-grain-madness-triples-367344

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