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The U.S. Grains Council and Korea Feed Association hosted a market outlook conference in Seoul on November 7 attended by over 220 participants. Speakers covered U.S. corn and DDGS supply and demand, the outlook for DDGS, and challenges including ocean freight and currency pressures.
Promotional and educational outreach supports demand for U.S. corn and DDGS in South Korea but does not itself change near-term supply or prices.
grains.orgesuttonNov 9, 2023After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
Not 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.
