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Chicago corn and wheat rose on US export demand and bargain buying, while soybeans fell on South American harvests and weak Chinese demand. USDA reported unknown buyers purchased 120,000 metric tons of US corn, with Spain, Mexico and South Korea also buying.
Steady US corn export sales provide modest support to corn prices, though plentiful Brazilian safrinha supplies limit the upside for feed buyers.
tradingview.comMay 1, 2025After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.
