# China, facing high corn prices, buys more from U.S

> The USDA said Chinese buyers struck deals to purchase 195,000 tonnes of U.S. corn in its daily export sales reporting. The purchase comes as China faces spiking domestic corn prices.

- Date: 2020-08-18 · published 2020-08-18T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/51475-china-facing-high-corn-prices-buys-more-from-u-s
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Fresh Chinese demand for U.S. corn supports export flows and Chicago corn prices while Chinese domestic supply is tight. Continued buying would tighten U.S. feed grain availability for buyers.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-20 | [China buys more U.S. corn - McKeany-Flavell](https://feedsoft.ai/events/14847-china-buys-more-u-s-corn-mckeany-flavell.md) | -1.0% | -9.9% |
| CORN | 2025-07-24 | [Ahead of the Open \| China buys U.S. corn - Pro Farmer](https://feedsoft.ai/events/14646-ahead-of-the-open-china-buys-u-s-corn-pro-farmer.md) | +1.0% | -1.0% |
| CORN | 2024-08-12 | [China's corn imports from US set to rise 67.6% in 2024-25 on higher Brazilian prices](https://feedsoft.ai/events/14725-china-s-corn-imports-from-us-set-to-rise-67-6-in-2024-25-on-higher-brazilian.md) | -1.6% | +1.4% |
| CORN | 2021-03-22 | [China buying boatloads of U.S. corn](https://feedsoft.ai/events/47968-china-buying-boatloads-of-u-s-corn.md) | +10.7% | +12.5% |
| 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

- reuters.com: https://www.reuters.com/article/usa-china-exports/china-facing-high-corn-prices-buys-more-from-u-s-idUSL1N2FK0TD/

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