# Brazil Corn Stocks Tight, Companies Already Importing Corn - 16.12.2019

> Deral reports Parana's full-season corn is 92% rated good, while Rio Grande do Sul corn is 90% planted and Conab forecasts 6 million tons there. Brazilian corn stocks are tight, and JBS bought 200,000 tons of Argentine corn for early-2020 delivery.

- Date: 2019-12-16 · published 2019-12-16T12:00:00.000Z
- Category: trade · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/55419-brazil-corn-stocks-tight-companies-already-importing-corn-16-12-2019
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Tight domestic Brazilian corn supplies and early import purchases from Argentina support regional corn prices and feed costs, though the coming safrinha and southern harvests should ease pressure from mid-2020.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-04-23 | [As Corn Retreats, Brazil’s Leading Grain State Bets on Alternatives](https://feedsoft.ai/events/13576-as-corn-retreats-brazil-s-leading-grain-state-bets-on-alternatives.md) | -0.1% | +4.1% |
| 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 | 2024-01-10 | [Corn Imports Surge in 2023](https://feedsoft.ai/events/32103-corn-imports-surge-in-2023.md) | -1.1% | -5.0% |
| CORN | 2022-04-28 | [Corn prices swing with ‘struggling’ Brazilian crops in spotlight \| Air Freight News](https://feedsoft.ai/events/41874-corn-prices-swing-with-struggling-brazilian-crops-in-spotlight-air-freight-news.md) | -7.5% | -2.6% |
| CORN | 2020-04-30 | [China Boosts Low-Tariff Corn Imports as State Reserves Drop (1)](https://feedsoft.ai/events/53501-china-boosts-low-tariff-corn-imports-as-state-reserves-drop-1.md) | +1.9% | +2.3% |

## Sources

- daniel-trading.com: http://daniel-trading.com/Brazil-Corn-Stocks-Tight-Companies-Already-Importing-Corn-16122019

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