# Will you still plant corn next year when the price of corn is reduced? 11/10 Update

> China lowered its national temporary corn-reserve purchase price by 0.12 yuan per jin to 1 yuan per jin for standard Grade 3 corn, the first reduction this year. Farmers in Dunhua, Jilin, are harvesting amid concerns about lower returns, accumulated stocks, and the need to adjust the temporary procurement policy.

- Date: 2026-11-10 · published 2026-11-10T06:08:46.689Z
- Category: policy · region China · magnitude medium
- Page: https://feedsoft.ai/events/91037-will-you-still-plant-corn-next-year-when-the-price-of-corn-is-reduced-11-10
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A lower state-supported purchase price reduces the price floor and may weaken incentives to plant corn in China next year. The cut also reflects pressure from high inventories and a gap between domestic and international prices, which is bearish for corn.

## Read by commodity

- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-09-05 | [Twelve years later the locks still not replaced](https://feedsoft.ai/events/56947-twelve-years-later-the-locks-still-not-replaced.md) | -2.8% | +3.3% |
| CORN | 2025-06-18 | [Reaping of the sow: China to reduce pig count by 1 million amid low prices, deflation risk \| South China Morning Post](https://feedsoft.ai/events/24183-reaping-of-the-sow-china-to-reduce-pig-count-by-1-million-amid-low-prices.md) | -3.0% | -4.3% |
| CORN | 2020-10-07 | [Mexico plans to ban GM corn imports, stirring potential conflict with U.S. - The Organic & Non-GMO Report](https://feedsoft.ai/events/50621-mexico-plans-to-ban-gm-corn-imports-stirring-potential-conflict-with-u-s-the.md) | +2.0% | +6.5% |
| CORN | 2026-05-26 | [Argentina to Gradually Reduce Soy, Corn Taxes in Coming Years](https://feedsoft.ai/events/13795-argentina-to-gradually-reduce-soy-corn-taxes-in-coming-years.md) | -2.5% | -8.6% |
| CORN | 2021-04-21 | [China issues guidance on reducing corn, soy use in feed \| Feed Strategy](https://feedsoft.ai/events/47645-china-issues-guidance-on-reducing-corn-soy-use-in-feed-feed-strategy.md) | +14.7% | +11.9% |

## Sources

- mysheen.com: https://www.mysheen.com/a2116

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