# China and Mexico Buy U.S. Corn and Soybeans | Red River Farm Network

> Private exporters reported sales of 378,000 metric tons of soybeans to China and 109,000 tonnes of corn to Mexico. An INTL FCStone analyst said US supplies are preferred as Brazil is largely sold out, and noted that the weak Brazilian real is a headwind for US traders.

- Date: 2020-05-05 · published 2020-05-05T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/53115-china-and-mexico-buy-u-s-corn-and-soybeans-red-river-farm-network
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Fresh export sales to China and Mexico support US soybean and corn prices, though the weak real makes Brazilian supply more competitive.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-06-25 | [China Buys More U.S. Soybeans \| Red River Farm Network](https://feedsoft.ai/events/46618-china-buys-more-u-s-soybeans-red-river-farm-network.md) | +5.5% | +2.2% |
| SOY | 2020-12-17 | [Soybean Demand Stays Strong \| Red River Farm Network](https://feedsoft.ai/events/49683-soybean-demand-stays-strong-red-river-farm-network.md) | +6.3% | +19.7% |
| SOY | 2017-07-11 | [China to buy U.S. soybeans to meet market demand \| Iowa Agribusiness Radio Network](https://feedsoft.ai/events/69821-china-to-buy-u-s-soybeans-to-meet-market-demand-iowa-agribusiness-radio-network.md) | -3.5% | -5.9% |
| SOY | 2020-08-13 | [Soybean Demand Offers Hope for the Market \| Red River Farm Network](https://feedsoft.ai/events/11345-soybean-demand-offers-hope-for-the-market-red-river-farm-network.md) | +2.5% | +10.6% |
| SOY | 2017-06-20 | [China may buy record volume of U.S. soybeans](https://feedsoft.ai/events/70349-china-may-buy-record-volume-of-u-s-soybeans.md) | -3.3% | +5.5% |
| CORN | 2026-09-29 | [U.S.-China Trade Details \| Red River Farm Network](https://feedsoft.ai/events/14549-u-s-china-trade-details-red-river-farm-network.md) | -2.9% | -8.0% |
| CORN | 2020-03-25 | [More Chinese Corn Purchases Could Narrow Local Basis \| Red River Farm Network](https://feedsoft.ai/events/54167-more-chinese-corn-purchases-could-narrow-local-basis-red-river-farm-network.md) | +5.3% | -3.8% |
| 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% |

## Sources

- rrfn.com: https://www.rrfn.com/2020/05/05/china-and-mexico-buy-u-s-corn-and-soybeans/

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