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USDA's Mexico City attaché projects Mexico's 2025/26 corn output rising 6.5% to 24.50 million tonnes on better yields and weather. Imports are forecast to dip 1.4% to 24.80 million tonnes, with about 90% sourced from the US.
Higher Mexican domestic output modestly reduces import needs, a mildly bearish factor for US corn exports to Mexico.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.