# Market Perspectives - January 24, 2019 - Page 7 of 11 - U.S. Grains & BioProducts Council

> A U.S. Grains Council market update reports that China's feed imports fell sharply in December, with sorghum imports at zero under a 25% tariff and barley down 75%. Corn imports rose, and China's remaining corn stockpiles are disputed.

- Date: 2019-01-24 · published 2019-01-24T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/61138-market-perspectives-january-24-2019-page-7-of-11-u-s-grains-and-bioproducts
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak Chinese sorghum and barley demand under tariffs bears on those grains' export prices, while uncertain Chinese corn stocks and possible quota increases add to corn market uncertainty.

## Read by commodity

- CORN: neutral
- BARLEY: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-07-26 | [Market Perspectives - July 26, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12413-market-perspectives-july-26-2018-page-7-of-11-u-s-grains-and-bioproducts-council.md) | +1.0% | -0.5% |
| CORN | 2019-10-31 | [Market Perspectives – October 31, 2019 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56590-market-perspectives-october-31-2019-page-7-of-10-u-s-grains-and-bioproducts.md) | +0.9% | -1.2% |
| CORN | 2024-10-31 | [Market Perspectives - October 31, 2024 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/27947-market-perspectives-october-31-2024-u-s-grains-and-bioproducts-council.md) | +2.2% | -1.3% |
| CORN | 2020-02-06 | [DDGS Weekly Market Report – February 6, 2020 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/6019-ddgs-weekly-market-report-february-6-2020-u-s-grains-and-bioproducts-council.md) | -0.4% | +0.7% |
| CORN | 2023-11-09 | [Council Offers U.S. Corn, DDGS Production Updates At Market Outlook Conference In Korea - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/33272-council-offers-u-s-corn-ddgs-production-updates-at-market-outlook-conference-in.md) | -1.5% | -1.0% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-january-24-2019/7/

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