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ING analysts estimate global corn ending stocks for 2024/25 will fall by more than 10 million tonnes to about 304 million, with further declines expected next season. Lower output in the US, EU and Ukraine is attributed to severe weather and weaker yields.
Tightening global corn stocks support firmer feed grain prices, especially if weather-driven yield losses persist.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.