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USDA reported private exporters sold 159,000 metric tons of corn for delivery to Mexico in the 2021/22 marketing year. The release is part of the routine export sales reporting program.
Sales to Mexico are a small share of US corn export commitments, so the weekly figure has little price effect on its own.
fas.usda.govMar 14, 2022After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
