# China traders cancel U.S. corn cargoes on tighter GMO controls, buy from Ukraine: sources

> Some Chinese buyers have canceled U.S. corn purchases and switched to Ukrainian supply as Beijing tightens controls on processing genetically modified corn. Tougher permits for grain mills to process GMO corn this year pushed traders toward non-GMO Ukrainian cargoes. Ukraine supplied about two-thirds of China's 2.83 million tonnes of corn imports last year, with the U.S. about a quarter.

- Date: 2018-02-09 · published 2018-02-09T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/66376-china-traders-cancel-u-s-corn-cargoes-on-tighter-gmo-controls-buy-from-ukraine
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Lost Chinese demand for U.S. corn shifts export flows toward Ukraine and weighs on U.S. corn export prices. Feed buyers may see wider origin spreads as Chinese demand rotates away from the U.S.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-25 | [China's move to cancel US corn purchases leaves Asian traders in split](https://feedsoft.ai/events/14848-china-s-move-to-cancel-us-corn-purchases-leaves-asian-traders-in-split.md) | -2.4% | -6.4% |
| CORN | 2023-05-15 | [China May Cancel More US Corn in Shift to Cheaper Brazil Cargoes](https://feedsoft.ai/events/14844-china-may-cancel-more-us-corn-in-shift-to-cheaper-brazil-cargoes.md) | -8.8% | -9.3% |
| CORN | 2022-08-05 | [Traders Seeking Buyers for Discounted Ukrainian Grain Cargoes Coming to Market](https://feedsoft.ai/events/39926-traders-seeking-buyers-for-discounted-ukrainian-grain-cargoes-coming-to-market.md) | +2.4% | +1.4% |
| CORN | 2019-05-01 | [U.S.-China trade conflict pulled corn prices 20 cents per bushel lower](https://feedsoft.ai/events/7597-u-s-china-trade-conflict-pulled-corn-prices-20-cents-per-bushel-lower.md) | +1.1% | +11.2% |
| CORN | 2022-08-12 | [China to Speed Corn Imports from Brazil Amid Ukraine War, US Tensions](https://feedsoft.ai/events/14907-china-to-speed-corn-imports-from-brazil-amid-ukraine-war-us-tensions.md) | -0.7% | -1.6% |

## Sources

- reuters.com: https://www.reuters.com/article/us-china-corn-imports-gmo/china-traders-cancel-u-s-corn-cargoes-on-tighter-gmo-controls-buy-from-ukraine-sources-idUSKBN1FT0US/

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