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China's grain imports fell sharply in September, with sorghum down 76.9% year on year to 90,000 tonnes and corn down 83.4% to 40,000 tonnes. Chinese tariffs on U.S. sorghum and higher domestic prices were cited as key drags.
Weaker Chinese feed-grain imports reduce global demand for sorghum and corn, pressuring U.S. export prices. Chinese buyers relying on domestic supply may keep feed grain purchases subdued.
business-standard.comReutersOct 23, 2018
reuters.comOct 23, 2018After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
