# U.S. grains: Corn up on China buying, flood worries - Grainews

> US corn futures rose to a 3.5-week high after the USDA announced sales of 300,000 tonnes to China, the largest Chinese purchase in over five years. Flooding across Iowa and Nebraska also raised concerns about spring planting.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/9642-u-s-grains-corn-up-on-china-buying-flood-worries-grainews
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Confirmed Chinese demand adds export support while flood-related planting risk tightens the outlook for US supplies, both bullish for corn. A firmer dollar and Brazil's bumper soybean harvest weighed on soybeans.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-22 | [China buying boatloads of U.S. corn](https://feedsoft.ai/events/47968-china-buying-boatloads-of-u-s-corn.md) | +10.7% | +12.5% |
| CORN | 2018-11-30 | [U.S. grains: Wheat, soy, corn climb - Grainews](https://feedsoft.ai/events/9515-u-s-grains-wheat-soy-corn-climb-grainews.md) | +8.0% | +8.5% |
| CORN | 2024-11-01 | [U.S. grains: Corn ticks up on export demand, easing harvest pressure - Grainews](https://feedsoft.ai/events/27421-u-s-grains-corn-ticks-up-on-export-demand-easing-harvest-pressure-grainews.md) | +2.5% | -0.2% |
| CORN | 2020-05-14 | [China likely to speed up buying of U.S. farm goods: COFCO exec](https://feedsoft.ai/events/52981-china-likely-to-speed-up-buying-of-u-s-farm-goods-cofco-exec.md) | -0.0% | +1.8% |
| CORN | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.3% | -0.8% |
| SOY | 2023-12-20 | [China ramps up Brazil soy, corn purchases \| World Grain](https://feedsoft.ai/events/14787-china-ramps-up-brazil-soy-corn-purchases-world-grain.md) | +0.3% | -7.6% |
| SOY | 2018-04-05 | [ICE weekly outlook: Canola watching U.S./China spat - Grainews](https://feedsoft.ai/events/65472-ice-weekly-outlook-canola-watching-u-s-china-spat-grainews.md) | +3.2% | +1.7% |
| SOY | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +0.2% | -0.8% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-grains-corn-up-on-china-buying-flood-worries/

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