
The March 11 WASDE showed few significant changes for corn or soybeans, with the U.S. season-average corn price held at $4.35 per bushel. Global coarse grain production for 2024-25 was raised 3.2 million tons to 1.496 billion, with higher output in India, Russia and Ukraine.
Higher foreign coarse grain production adds export supply that could cap corn prices, though the unchanged U.S. outlook leaves the domestic market steady.
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.