# U.S. Corn Exports To China Boom - 2020 Year in Review

> China returned to buying large volumes of U.S. corn in 2020 after Phase One deal tariff exclusions took effect. China drew down its reserves, making it the largest buyer of U.S. corn for the 2020/21 marketing year and the third-largest market for U.S. grains overall.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/48473-u-s-corn-exports-to-china-boom-2020-year-in-review
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Strong Chinese corn demand tightens U.S. supplies and supports corn prices heading into the new crop year.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-05-10 | [Corn Exports To China At Record Highs - 2021 Year in Review](https://feedsoft.ai/events/46953-corn-exports-to-china-at-record-highs-2021-year-in-review.md) | -6.8% | -6.6% |
| CORN | 2021-01-18 | [China's corn, wheat imports in 2020 reach record highs](https://feedsoft.ai/events/49007-china-s-corn-wheat-imports-in-2020-reach-record-highs.md) | -2.6% | +3.7% |
| CORN | 2021-11-24 | [China’s Corn Imports Up 236% from 2020 \| CZ app](https://feedsoft.ai/events/14982-china-s-corn-imports-up-236-from-2020-cz-app.md) | -3.8% | -0.0% |
| CORN | 2022-02-09 | [Plunge in U.S. soy exports to China in 2021 exposes Phase 1 flaws  \| Reuters](https://feedsoft.ai/events/14955-plunge-in-u-s-soy-exports-to-china-in-2021-exposes-phase-1-flaws-reuters.md) | +0.5% | +15.2% |
| CORN | 2021-12-14 | [Energy, corn, chips drive late surge in US exports to China — Panjiva](https://feedsoft.ai/events/14975-energy-corn-chips-drive-late-surge-in-us-exports-to-china-panjiva.md) | -3.7% | +1.9% |

## Sources

- grains.org: https://grains.org/2020-annual-report/panels/u-s-corn-exports-to-china-boom/

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