The US Department of Agriculture's weekly export sales report shows that as of January 29, 2025, the shipment volume of US corn exports to China (mainland) in 2025/26 was 0 tons, compared to 4,000 tons in the same period last year. The United States did not ship corn to China this week, nor did it ship the previous week. So far, the amount of corn sold but not shipped to China by the United States for the 2025/26 fiscal year is 0 tons, lower than the 28,300 tons sold in the same period last year.

According to a report from the US Department of Agriculture, the shipment volume of corn exports from the United States to China in 2025/26 was zero, with no shipments in the current week or the previous week. Additionally, the amount of unsold but not shipped corn was also zero, far lower than the 28300 tons in the same period last year. This indicates weak demand for corn, especially from the key market of China where demand is shrinking, which will increase global corn supply pressure and pose significant downward pressure on spot prices. Based on the corn futures data from Dalian Commodity Exchange, the main contract, such as 2605, has a settlement price of 2,274 RMB/ton (a slight increase of 4 RMB), but the news of declining demand may suppress the upward momentum, strengthen bearish sentiment, and have a negative impact on futures prices.

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