One of the big questions in the corn market right now is whether China will continue to buy U.S. corn.
StoneX market analyst Arlan Suderman says everyone is watching to see what China does with its tariff-rate quota (TRQ) on corn.
“Overall, China has already purchased more than their 7.2 million metric ton TRQ, or import quota. The buyers there—even the state buyers—are banking on an increased TRQ to allow more corn in,” Suderman says.
