# Column: China's U.S. grain haul sparks flashbacks to 1972 'grain robbery'

> USDA projected the tightest corn stocks-to-use ratio in seven years in its latest report, with the ending stock forecast down 38% since September. China's 2020-21 U.S. corn bookings reached a substantial share of the total as carryout forecasts fell.

- Date: 2021-01-21 · published 2021-01-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/49013-column-china-s-u-s-grain-haul-sparks-flashbacks-to-1972-grain-robbery
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A sharply reduced U.S. corn carryout forecast tightens supplies and supports corn prices, with Chinese bookings adding to demand pressure.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-01 | [Trade war and grain import resilience: evidence from China’s response to U.S. Tariffs](https://feedsoft.ai/events/14656-trade-war-and-grain-import-resilience-evidence-from-china-s-response-to-u-s.md) | -3.3% | -4.5% |
| CORN | 2021-01-26 | [Ag Markets Continue to Rebound Higher \| Feed & Grain](https://feedsoft.ai/events/49075-ag-markets-continue-to-rebound-higher-feed-and-grain.md) | +5.1% | +1.5% |
| CORN | 2021-06-11 | [WASDE Slashes Corn Ending Stocks \| Feed & Grain](https://feedsoft.ai/events/46506-wasde-slashes-corn-ending-stocks-feed-and-grain.md) | -6.1% | -4.6% |
| CORN | 2020-10-05 | [Upbeat USDA Report Sparks Grain Rally \| Блог Interlegal](https://feedsoft.ai/events/11638-upbeat-usda-report-sparks-grain-rally-interlegal.md) | +0.6% | +5.8% |
| CORN | 2021-01-28 | [China’s feed demand buoyed by recovering swine herd \| 2021-01-28  \| World Grain](https://feedsoft.ai/events/49138-china-s-feed-demand-buoyed-by-recovering-swine-herd-2021-01-28-world-grain.md) | +2.7% | -0.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-grains-braun-idUSKBN29Q18J/

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