# BioPower Plans 39M Bushels of Annual U.S. Corn Purchases

> BioPower Energy signed an October 16 memorandum of understanding targeting at least 1 million metric tons, or 39 million bushels, of annual corn purchases from U.S. suppliers. The corn would supply 50% to 100% of a planned biorefinery’s feedstock needs in the United Arab Emirates; the facility is not yet operating.

- Date: 2026-11-06 · published 2026-11-07T03:07:09.730Z
- Category: trade · region United States · magnitude medium
- Page: https://feedsoft.ai/events/85403-biopower-plans-39m-bushels-of-annual-u-s-corn-purchases
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

If realized, the planned procurement would add a sizable source of U.S. corn demand, supporting prices. The effect depends on construction and eventual operation of the biorefinery, since the agreement is for future purchases rather than current shipments.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-07-14 | [China books record U.S. corn purchase, also buys soybeans \| Reuters](https://feedsoft.ai/events/51978-china-books-record-u-s-corn-purchase-also-buys-soybeans-reuters.md) | -1.1% | -3.2% |
| CORN | 2021-05-11 | [China makes another large purchase of US corn  \| World Grain](https://feedsoft.ai/events/46955-china-makes-another-large-purchase-of-us-corn-world-grain.md) | -7.7% | -2.5% |
| CORN | 2020-07-10 | [China books second-biggest U.S. corn purchase on record, also buys wheat](https://feedsoft.ai/events/51981-china-books-second-biggest-u-s-corn-purchase-on-record-also-buys-wheat.md) | -4.9% | -7.5% |
| CORN | 2019-03-25 | [China Purchases U.S. Sorghum, Corn as Trade Talks Continue \| DRGNews](https://feedsoft.ai/events/59966-china-purchases-u-s-sorghum-corn-as-trade-talks-continue-drgnews.md) | -5.0% | -5.6% |
| CORN | 2020-10-29 | [Mexico inks record U.S. corn purchase after Mexican farmers warn of crop shortfall](https://feedsoft.ai/events/50624-mexico-inks-record-u-s-corn-purchase-after-mexican-farmers-warn-of-crop.md) | -0.2% | +8.5% |

## Sources

- agribusinesswire.com: https://agribusinesswire.com/articles/biopower-plans-39m-bushels-of-annual-u-s-corn-purchases

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