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USDA weekly export inspections for the week ending November 28 showed corn, soybean and wheat shipments ahead of the pace needed to meet projections. Sorghum inspections were up on the week while other crops were down.
The next USDA supply and demand report is pending.
Routine inspection data show export pace is on track, so it has little direct effect on prices. The next WASDE is the bigger driver for the market.
1230kfjb.comAshley AndersonDec 2, 2024Not 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.
