The USDA tried, but it still missed the mark on China

After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.

• Aug 28, 2018Sell the rumour, buy the fact - Grain Central+0.8%
• Apr 18, 2017The low price cycle pedals on - Grain Central-0.6%
• Aug 15, 2017The bears are back in town… - Grain Central-3.4%
• May 13, 2020USDA forecasts intense competition on wheat, corn - Grain Central-0.3%
• Aug 2, 2018Ukraine grain juggernaut continues to rise in the East - Grain Central+9.3%

After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.

• Oct 6, 2020USDA drops a bombshell and the markets explode - Grain Central+1.2%
• Jan 13, 2023USDA's WASDE trims South American corn crops - Grain Central-1.5%
• Oct 1, 2020Grain Bins Not As Full At Close Of Marketing Year - Central Mo Info+2.7%
• Oct 1, 2020Daily Market Wire 1 October 2020 - Grain Central+2.7%
• Mar 11, 2025Daily Market Wire 12 March 2025 - Grain Central+1.6%

After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.

• Oct 6, 2020USDA drops a bombshell and the markets explode - Grain Central+0.6%
• Aug 17, 2021USDA slashes global wheat production - Grain Central+0.1%
• May 11, 2018Record grain consumption drives stocks down : USDA - Grain Central-0.6%
• Jul 14, 2020Global wheat production on the decline - Grain Central+0.4%
• Jul 13, 2020Global wheat prices soften in June: USDA - Grain Central-0.4%