Hog and poultry 
producers in China will pay more for corn based on increased demand and a disproportionately lower availability. Domestic crops were damaged by typhoons this year and planting was limited by a preference for soybeans. Corn for January delivery attained $340 per short ton in mid-October representing a record. On Monday October 19th at noon, corn for December delivery was quoted at 405 cents per bushel ($147 per short ton)
During September, the first month of the 2020/2021market year, China placed orders for corn but has yet to follow-through with subsequent large orders from the U.S. that are the subject of rumors. Obviously by delaying a commitment China can wait for the most advantageous price as new-crop corn is harvested.