# Good export demand boosts corn futures - Brownfield Ag News

> Corn futures ended higher on strong export demand, with Japan's purchase of 5 million bushels of US corn cited as support. Chicago wheat also closed higher on commercial buying. Soybeans rose on forecasts of rain in Argentina.

- Date: 2017-02-07 · published 2017-02-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/72528-good-export-demand-boosts-corn-futures-brownfield-ag-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Routine export purchases reinforce US corn demand and support nearby futures, though the buying is modest in size.

## Read by commodity

- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-05-12 | [Export demand supports corn - Brownfield Ag News](https://feedsoft.ai/events/9924-export-demand-supports-corn-brownfield-ag-news.md) | +2.3% | +9.3% |
| CORN | 2017-10-05 | [Good week for corn, soybean export sales - Brownfield Ag News](https://feedsoft.ai/events/68550-good-week-for-corn-soybean-export-sales-brownfield-ag-news.md) | -0.7% | -1.0% |
| CORN | 2023-10-05 | [Export sales support corn - Brownfield Ag News](https://feedsoft.ai/events/33729-export-sales-support-corn-brownfield-ag-news.md) | -0.1% | -3.0% |
| CORN | 2016-10-27 | [Demand supports soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/9242-demand-supports-soybeans-corn-brownfield-ag-news.md) | -2.9% | -2.3% |
| CORN | 2018-12-07 | [Wheat leads on new export demand - Brownfield Ag News](https://feedsoft.ai/events/61612-wheat-leads-on-new-export-demand-brownfield-ag-news.md) | +0.5% | +2.0% |
| WHEAT | 2018-12-07 | [Wheat leads on new export demand - Brownfield Ag News](https://feedsoft.ai/events/61612-wheat-leads-on-new-export-demand-brownfield-ag-news.md) | +1.9% | +2.8% |
| WHEAT | 2016-06-17 | [Weather, demand support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/10753-weather-demand-support-soybeans-corn-brownfield-ag-news.md) | +3.0% | -8.0% |
| WHEAT | 2020-10-27 | [Corn futures set 14-month high on strong export demand](https://feedsoft.ai/events/5717-corn-futures-set-14-month-high-on-strong-export-demand.md) | -2.3% | -7.5% |

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/good-export-demand-boosts-corn-futures/

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