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Purdue agricultural economists hosted a webinar on May 16 discussing the corn and soybean outlook after the May WASDE. Topics included South American production, export prospects, ethanol demand, ending stocks and basis.
The webinar is routine outlook commentary with no new supply or demand shock, so it has limited direct price impact.
Not enough comparable past events yet for a historical read.
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.