
USDA's weekly export inspections for the week ending September 18 showed total US grain exports of 2.70 million metric tons, with corn at 1.33 million tons and strong wheat shipments. Soybean loadings slowed ahead of harvest and sorghum demand remained weak, while low Mississippi River levels threaten barge transport.
Steady corn and wheat export demand supports those markets, while slower soybean and sorghum shipments weigh on their prices. Low river levels could shift more volume to rail and raise transport costs.
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 (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
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.