Export demand

By Jon Scheve, Superior Feed Ingredients, LLCCorn demand from China has increased dramatically over the last few months causing corn to rally $2 per bushel from August lows. This chart shows how unprecedented China’s recent corn import demand has been compared to the last 60 years. Source: Matt CampbellCurrently the USDA estimates China will import 24 MMT (Million Metric Tons) of corn from all over the world this year.