# Weekly Corn Market Review

> Chinese buying is lifting U.S. corn demand during the 2020 harvest. China's state reserves are shrinking, and drought and typhoon damage in the northeast corn belt cut yield prospects. Dalian corn futures hit record highs in mid-October as hog herd rebuilding raises feed demand.

- Date: 2020-10-26 · published 2020-10-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/5714-weekly-corn-market-review
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese import demand and tight domestic stocks support export pull on U.S. corn and tighten global feed grain balances. This points to firmer corn prices for feed buyers.

## Read by commodity

- CORN: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2020-10-26 | 1 | +4.2% | 5.9 | Published on the move date, it ties Chinese buying, shrinking Chinese state reserves and weather-cut yields to stronger demand and tighter supply for corn. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-29 | [Corn Market](https://feedsoft.ai/events/47628-corn-market.md) | +5.9% | -6.0% |
| CORN | 2019-04-26 | [Grain market week in review - April 26, 2019](https://feedsoft.ai/events/10959-grain-market-week-in-review-april-26-2019.md) | +0.6% | +5.3% |
| CORN | 2020-10-29 | [CEPM Corn Market n°239 \| Maiz'Europ'](https://feedsoft.ai/events/50673-cepm-corn-market-n-239-maiz-europ.md) | -0.2% | +8.5% |
| CORN | 2023-01-11 | [Feed weekly outlook: Corn imports still weigh on domestic feed market - AgCanada](https://feedsoft.ai/events/37848-feed-weekly-outlook-corn-imports-still-weigh-on-domestic-feed-market-agcanada.md) | +2.6% | +1.9% |
| CORN | 2021-02-01 | [Morning Market Review for Feb. 1, 2021 - Northwest Grain Growers](https://feedsoft.ai/events/5826-morning-market-review-for-feb-1-2021-northwest-grain-growers.md) | +0.8% | -2.0% |

## Sources

- farmprogress.com: https://www.farmprogress.com/corn/corn-outlook-fall-2020-brings-a-welcome-rally

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