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Dec-26 corn held steady near $4.51 3/4, consolidating around $4.50. Ethanol output rose to 329 million gallons, above the pace needed to meet USDA corn usage, and export sales are expected at 40-65 million bushels.
Corn is likely to stay under pressure until US demand improves or South American crop forecasts turn threatening, so the price bias remains lower.
Not enough comparable past events yet for a historical read.
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.