Mexico Chases China for No. 1 Export Market

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

• Dec 8, 2021Export Sales to China and Mexico | USDA Foreign Agricultural Service-0.3%
• Aug 28, 2024Export Sales to China, Colombia, and Mexico | USDA Foreign Agricultural Service+4.4%
• Dec 4, 2023Export Sales to China, Mexico, and Philippines | USDA Foreign Agricultural Service+1.7%
• Aug 24, 2021Private Exporters Report Sales Activity for China and Mexico | USDA Foreign Agricultural Service-0.4%
• Apr 25, 2025Export Sales to Mexico | USDA Foreign Agricultural Service-2.1%

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.

• Oct 25, 2024Export Sales to China and Mexico | USDA Foreign Agricultural Service-1.4%
• Aug 1, 2026Soybean prices need poor weather, exports to China-1.3%
• Aug 1, 2024China's meat sector growth and U.S. grain and oilseed exports-0.8%
• Mar 13, 2019In Market-Moving Report Month, NASS Ends Field Surveys for Corn, Soybeans+2.2%
• Jun 16, 2016USDA exports - Soybean sales up as China buys-1.6%