# China's looming corn shortage fans food security unease | Reuters

> Chinese corn prices have risen as the country heads toward its first real corn shortfall in years for the 2020/21 season beginning in October. Analysts and traders say the deficit could reach up to 30 million tonnes, around 10% of total crop.

- Date: 2020-09-01 · published 2020-09-01T12:00:00.000Z
- Category: market · region China · magnitude medium
- Page: https://feedsoft.ai/events/51135-china-s-looming-corn-shortage-fans-food-security-unease-reuters
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A large domestic Chinese deficit would raise import demand for corn and feed substitutes, supporting global corn prices and the feed cost outlook for buyers.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/chinas-looming-corn-shortage-fans-food-security-unease-2020-09-01/

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