# Market Perspectives April 6, 2017 - Page 7 of 10 - U.S. Grains & BioProducts Council

> A grains newsletter reports on country news including Argentina's new tax and trade policies boosting farm activity, Chinese corn reserve price cuts and auction plans, and a French bird flu outbreak reducing feed demand. It also notes India cutting potash subsidies by 20 percent.

- Date: 2017-04-06 · published 2017-04-06T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/71364-market-perspectives-april-6-2017-page-7-of-10-u-s-grains-and-bioproducts-council
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Chinese reserve auctions and lower procurement prices weigh on corn import demand, while France's feed demand cut reduces meal and grain consumption.

## Read by commodity

- CORN: neutral
- DDGS: bullish ▲
- BARGE: bearish ▼
- POTASH: neutral
- OCEANFRT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-06-25 | [Market Perspectives – June 25, 2020 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/52671-market-perspectives-june-25-2020-page-7-of-10-u-s-grains-and-bioproducts-council.md) | +4.3% | -0.1% |
| CORN | 2022-04-28 | [Trade Is Top Priority At U.S.-China Agricultural Dialogue - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/14944-trade-is-top-priority-at-u-s-china-agricultural-dialogue-u-s-grains-and.md) | -7.5% | -2.6% |
| CORN | 2017-04-03 | [Small grains producer price announced - Commercial Farmers' Union of Zimbabwe](https://feedsoft.ai/events/71582-small-grains-producer-price-announced-commercial-farmers-union-of-zimbabwe.md) | -0.9% | +1.5% |
| CORN | 2023-04-26 | [Opening Statement: “Producer Perspectives on the 2023 Farm Bill” \| House Agriculture Committee](https://feedsoft.ai/events/36398-opening-statement-producer-perspectives-on-the-2023-farm-bill-house-agriculture.md) | -2.1% | -5.4% |
| CORN | 2017-07-05 | [EPA Proposes RFS Volumes Reflective of Market Realities for 2018 \| U.S. EPA News Releases \| US EPA](https://feedsoft.ai/events/69848-epa-proposes-rfs-volumes-reflective-of-market-realities-for-2018-u-s-epa-news.md) | +3.3% | -3.3% |

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-6-2017/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-april-6-2017/7/
- grains.org: https://grains.org/market_perspectives/market-perspectives-april-6-2017/9/

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