
European corn futures in Paris rose on October 13, with November at €289 per ton, while Chicago December corn was virtually unchanged at $4.82 3/4 per bushel. US harvest was 33% complete by October 11, behind analyst expectations of 38% and six points behind the five-year average.
Export inspections were 8% higher than a year earlier, led by South Korea.
A weak European harvest supports EU corn prices, while US supply growth and a slower harvest offer mixed signals for global corn. Steady US export demand provides some underlying support.
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.