# Nickel Gain for Corn Futures - IBest Media

> Corn futures closed 3.5 to 5.25 cents higher, with the May contract up as much as 9 cents intraday. USDA flashed a 110,000 MT corn sale to Taiwan, and China reportedly locked in 20 cargoes of grain imports. Corn export shipments accumulated to 20.6 MMT, well ahead of last year.

- Date: 2024-03-05 · published 2024-03-05T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/7863-nickel-gain-for-corn-futures-ibest-media
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Robust export sales and Chinese purchases support nearby corn prices, while the strong shipment pace tightens old-crop supply for feed buyers.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-12-03 | [Corn and Beans See Nice Gains Last Week](https://feedsoft.ai/events/5831-corn-and-beans-see-nice-gains-last-week.md) | +6.8% | +8.4% |
| CORN | 2019-04-04 | [U.S. grains: Trade hopes spur gains in soy futures - Grainews](https://feedsoft.ai/events/59635-u-s-grains-trade-hopes-spur-gains-in-soy-futures-grainews.md) | -1.1% | -1.5% |
| CORN | 2020-10-22 | [U.S. soy futures firm to highest since 2016, corn hits 14-1/2-month high](https://feedsoft.ai/events/5719-u-s-soy-futures-firm-to-highest-since-2016-corn-hits-14-1-2-month-high.md) | +1.6% | +11.5% |
| CORN | 2018-05-18 | [GRAINS-U.S. wheat futures jump; export hopes boost corn, soybeans](https://feedsoft.ai/events/10914-grains-u-s-wheat-futures-jump-export-hopes-boost-corn-soybeans.md) | +1.3% | -5.6% |
| CORN | 2025-12-03 | [US corn futures rise on strong export sales](https://feedsoft.ai/events/21540-us-corn-futures-rise-on-strong-export-sales.md) | +0.7% | -0.4% |

## Sources

- ibestmedia.com: https://www.ibestmedia.com/post/13301.html

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