# China solving its cornucopia - Grain Central

> Nidera Australia expects global corn production to fall next season, led by declines in China and the U.S. Record South American crops and fast Chinese state reserve sales are capping values. The U.S. crop was 84% planted, and planting delays from flooding are seen as manageable.

- Date: 2017-05-23 · published 2017-05-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/70885-china-solving-its-cornucopia-grain-central
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large South American supplies and Chinese reserve sell-downs compete with U.S. exports, limiting corn price upside despite lower expected output.

## Read by commodity

- CORN: bearish ▼

## Sources

- graincentral.com: https://www.graincentral.com/markets/china-solving-its-cornucopia/

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