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China Has Bought 37% of Next Year’s Corn Imports Just From U.S.

  • Orders from China for U.S. corn from the next harvest ramp up
  • Buying comes as dry conditions threaten crops in Brazil
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What's Behind the Surge in Food Costs?

China has tapped the U.S. for more than a third of next season’s expected corn imports, accelerating its pace of buying from the world’s top supplier to fill its growing grain needs.

The Asian nation bought about 9.5 million metric tons of U.S. corn from the 2021-22 season so far this month, according to U.S. Department of Agriculture figures. The agency expects China to import around 26 million tons from worldwide suppliers for the period that begins in September.