
May corn fell 1.5 cents to $4.52 1/4 on March 10 amid technical selling and profit-taking, with losses pared late. USDA kept its 2025/26 US corn outlook unchanged, and Pro Farmer cut its Brazil corn estimate by 2 MMT to 133 MMT due to unplanted safrinha acres.
Smaller expected Brazilian safrinha corn supply supports export prices, but the crude drop and profit-taking capped corn gains.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% over 20.
After 17 past bearish weather events, Crude Oil (WTI) moved a median +1.4% over 5 sessions (59% higher; middle half -2.7% to +5.9%), and +2.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.