
USDA data shows corn export inspections of 1.58 million tonnes for the week ending December 11, up year on year, and wheat inspections of 488,025 tonnes. Soybean and sorghum shipments trail last year's pace, though China resumed buying US goods.
Corn and wheat export pace ahead of last year supports prices, while soybean shipments lag and need China's continued buying to close the gap.
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.
After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.