# China books second-biggest U.S. corn purchase on record, also buys wheat

> The USDA said China bought 765,000 tonnes of U.S. corn for shipment in the current marketing year and 600,000 tonnes for the following year. The sale was China's largest single-day corn purchase in 25 and a half years, and China also bought wheat.

- Date: 2020-07-10 · published 2020-07-10T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/51981-china-books-second-biggest-u-s-corn-purchase-on-record-also-buys-wheat
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Large single-day Chinese purchases of corn and wheat tighten U.S. old-crop supplies and lift export demand. Prices are likely to firm while buying continues.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-07-14 | [China books record U.S. corn purchase, also buys soybeans \| Reuters](https://feedsoft.ai/events/51978-china-books-record-u-s-corn-purchase-also-buys-soybeans-reuters.md) | -1.1% | -3.2% |
| CORN | 2022-05-02 | [China corn buys on record pace](https://feedsoft.ai/events/14932-china-corn-buys-on-record-pace.md) | -8.1% | -2.4% |
| CORN | 2021-02-12 | [China’s record corn purchases have traders wondering if bump can last](https://feedsoft.ai/events/48655-china-s-record-corn-purchases-have-traders-wondering-if-bump-can-last.md) | -1.6% | +3.1% |
| CORN | 2020-07-14 | [China Makes Record U.S. Corn Purchase \| Farm Policy News \| Illinois](https://feedsoft.ai/events/51985-china-makes-record-u-s-corn-purchase-farm-policy-news-illinois.md) | -1.1% | -3.2% |
| CORN | 2016-12-15 | [U.S. Challenges China Anew Over Rice, Wheat, Corn Barriers](https://feedsoft.ai/events/73336-u-s-challenges-china-anew-over-rice-wheat-corn-barriers.md) | -2.2% | +0.5% |
| WHEAT | 2016-12-15 | [U.S. Challenges China Anew Over Rice, Wheat, Corn Barriers](https://feedsoft.ai/events/73336-u-s-challenges-china-anew-over-rice-wheat-corn-barriers.md) | -1.0% | +1.6% |
| WHEAT | 2020-03-23 | [Major Chinese Purchase of U.S. Wheat - Northern Ag Network](https://feedsoft.ai/events/54179-major-chinese-purchase-of-u-s-wheat-northern-ag-network.md) | -6.6% | -4.4% |
| WHEAT | 2026-06-18 | [Grains End Higher on Soybean Export Biz as China Also Looks for Corn and Wheat - AgWeb](https://feedsoft.ai/events/14571-grains-end-higher-on-soybean-export-biz-as-china-also-looks-for-corn-and-wheat.md) | -1.4% | -1.2% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-china-exports/china-books-second-biggest-u-s-corn-purchase-on-record-also-buys-wheat-idUSKBN24B1ZN/

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