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USDA reported private exporter sales of 116,000 metric tons of soybeans to China and 136,000 metric tons of corn to Mexico for the 2024/25 marketing year. The announcement is a routine weekly-style sales disclosure.
Modest sales add to export commitments but are small relative to total flows, so the price effect is limited.
fas.usda.govOct 25, 2024After 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 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
