Loading…
US corn export inspections rose in the week ended August 12, with China taking the largest share, as Chinese herd rebuilding drove feed demand. The article also reports that China's sow herd fell for the first time in July.
Corn exports are described as at record levels.
Strong export inspections and record shipments to China support US corn prices and tighten supplies available for domestic feed use.
farmpolicynews.illinois.eduKeith GoodAug 18, 2021After 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.
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.
