Corn futures fell below $4.50 while USDA reported new soybean export sales. Analysts say the market needs to recover above $4.50 to establish a technical bottom.
Solid soybean export demand supports soy complex values, but the corn decline reflects harvest supply pressure that keeps feed grain costs subdued.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.