
USDA's weekly export report showed soybean sales rising week on week, with China buying in both crop years. Wheat sales of 28 million bushels were led by Asian and Latin American buyers, while old-crop corn sales fell 39 per cent.
Corn and soybean futures slipped after the report.
Strong soybean and wheat export demand supports prices, but weaker corn sales and lower futures afterward point to softer corn values. Feed buyers should see mixed signals across grains.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.