# Is record large corn demand enough to push prices higher?

> Mexico bought over 53 million bushels of US corn in a single day, one of the largest such purchases on record, and South Korean buying has also picked up. Informa raised its US yield estimate to 173.4 bushels per acre, above the USDA's 171.8.

- Date: 2017-11-03 · published 2017-11-03T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/68013-is-record-large-corn-demand-enough-to-push-prices-higher
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large export buying supports corn prices, but a higher US crop estimate and rising ending stocks limit upside ahead of the USDA report.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-05-01 | [US export demand pulls corn prices higher — TradingView News](https://feedsoft.ai/events/24703-us-export-demand-pulls-corn-prices-higher-tradingview-news.md) | -3.8% | -1.4% |
| CORN | 2024-01-18 | [India's corn exports plunge as local prices rally on strong demand](https://feedsoft.ai/events/32179-india-s-corn-exports-plunge-as-local-prices-rally-on-strong-demand.md) | +1.1% | -5.6% |
| CORN | 2020-10-23 | [Corn Futures Extend Rally to 14-Month High on U.S. Export Demand](https://feedsoft.ai/events/5712-corn-futures-extend-rally-to-14-month-high-on-u-s-export-demand.md) | +0.8% | +10.6% |
| CORN | 2019-01-23 | [A Trade Deal and Corn Prices - ProAg](https://feedsoft.ai/events/60964-a-trade-deal-and-corn-prices-proag.md) | +0.7% | +0.1% |
| CORN | 2026-02-20 | [Corn and Barley Prices Climb on Export Surge and Demand - Agrolatam](https://feedsoft.ai/events/20660-corn-and-barley-prices-climb-on-export-surge-and-demand-agrolatam.md) | +1.4% | +8.9% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/is-record-large-corn-demand-enough-to-push-prices-higher-

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