# China Could Be Looking to Import More Corn | Farm Bureau Intel Markets | American Farm Bureau Federation

> US corn sales to China total about 10.6 million tonnes as of October 22, above USDA's 7 MMT import projection and the 7.2 MMT low-tariff quota. Analysts speculate China may raise its quota after Chinese corn production was damaged by typhoons and flooding.

- Date: 2020-10-29 · published 2020-10-29T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/50500-china-could-be-looking-to-import-more-corn-farm-bureau-intel-markets-american
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

If China expands its tariff-rate quota and buys more US corn, export demand would tighten US supplies and support corn prices, a key feed ingredient.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-01-31 | [Make Agricultural Trade Great Again \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/66973-make-agricultural-trade-great-again-farm-bureau-intel-markets-american-farm.md) | +0.3% | +1.5% |
| CORN | 2020-03-25 | [Cheap US corn lures Chinese buyers seeking American grain - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/54000-cheap-us-corn-lures-chinese-buyers-seeking-american-grain-agweek-1-source-for.md) | +5.3% | -3.8% |
| CORN | 2023-09-21 | [Harvest pressure, looming corn imports weigh on barley bids - MarketsFarm](https://feedsoft.ai/events/34174-harvest-pressure-looming-corn-imports-weigh-on-barley-bids-marketsfarm.md) | -0.2% | +0.5% |
| CORN | 2019-10-31 | [Exclusive: Beijing could ax extra tariffs on U.S. farm products to boost imports - China trade association chief](https://feedsoft.ai/events/56422-exclusive-beijing-could-ax-extra-tariffs-on-u-s-farm-products-to-boost-imports.md) | +0.9% | -1.2% |
| CORN | 2020-11-26 | [China’s Set to Import More U.S. Corn and Squeeze Global Prices - Bloomberg](https://feedsoft.ai/events/50017-china-s-set-to-import-more-u-s-corn-and-squeeze-global-prices-bloomberg.md) | +0.1% | -0.9% |

## Sources

- fb.org: https://www.fb.org/intel/markets/china-could-be-looking-to-import-more-corn

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