# Trade focusing on exports, global corn competition | Crops | leadertelegram.com

> A weekly trade review says Brazilian President Michel Temer's alleged bribery of officials caused the Brazilian real to collapse during the week of May 15. Soybean values spiked as Brazilian farmers were expected to sell more. The column also notes weak US corn export competitiveness and China's large corn stocks, along with China lowering corn import taxes.

- Date: 2017-05-22 · published 2017-05-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/70866-trade-focusing-on-exports-global-corn-competition-crops-leadertelegram-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

A weaker real can prompt Brazilian soybean selling that competes with US exports, while China's stocks and import tax changes will shape global corn demand.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDBRL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-10-08 | [Corn, bean harvest advancing ahead of average \| Crops \| leadertelegram.com](https://feedsoft.ai/events/62485-corn-bean-harvest-advancing-ahead-of-average-crops-leadertelegram-com.md) | -0.2% | +0.7% |
| SOY | 2018-02-01 | [U.S. soy exports hit seven-month low on quality woes, competition](https://feedsoft.ai/events/66527-u-s-soy-exports-hit-seven-month-low-on-quality-woes-competition.md) | -1.3% | +6.2% |
| SOY | 2025-04-25 | [Grain transportation demand surges amid strong corn exports \| Feed & Grain](https://feedsoft.ai/events/16460-grain-transportation-demand-surges-amid-strong-corn-exports-feed-and-grain.md) | -1.2% | +1.4% |
| SOY | 2017-02-01 | [Trump trade plans, South America crops could hurt U.S. farm exports](https://feedsoft.ai/events/72339-trump-trade-plans-south-america-crops-could-hurt-u-s-farm-exports.md) | +1.8% | +1.6% |
| SOY | 2024-12-09 | [Tariffs, competition cloud future of China ag exports \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/14699-tariffs-competition-cloud-future-of-china-ag-exports-agri-pulse-communications.md) | -0.6% | -0.2% |
| CORN | 2024-02-07 | [Global: Fierce export competition fuels falling prices](https://feedsoft.ai/events/7203-global-fierce-export-competition-fuels-falling-prices.md) | -1.1% | +0.3% |
| CORN | 2022-12-05 | [Wheat plunges to 3-month low on export competition](https://feedsoft.ai/events/6642-wheat-plunges-to-3-month-low-on-export-competition.md) | -0.2% | +4.7% |
| CORN | 2024-06-01 | [Impacts of Mexico’s Proposed GMO Ban for US and Global Corn Trade](https://feedsoft.ai/events/30210-impacts-of-mexico-s-proposed-gmo-ban-for-us-and-global-corn-trade.md) | -1.6% | -6.0% |

## Sources

- leadertelegram.com: https://www.leadertelegram.com/country-today/farm/crops/trade-focusing-on-exports-global-corn-competition/article_65f856b8-3b39-5ddf-9e67-3077b8cd082c.html

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