Analysis: Supply concerns in competing countries likely to make US corn attractive

After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.

• Mar 4, 2022China boosts US agriculture purchases over ‘very tight’ soybeans supply concerns, Ukraine corn worries | South China Morning Post+0.8%
• Mar 3, 2023Global corn buyers may finally be headed for US supply as competition wanes | Reuters-1.1%
• Feb 7, 2020US urea market awakens to supply shortfall-0.7%
• Oct 22, 2020Grain FOB prices pushed higher by supply concerns; Soymeal lead the soy complex+1.6%
• Nov 5, 2018Successful Marketing Leads To Additional Corn And DDGS Sales To Mexico - U.S. Grains & BioProducts Council+1.8%

Not enough comparable past events yet for a historical read.