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The International Grains Council puts 2020-21 North American grain output at 432.9 million tonnes for the US, 63.8 for Canada and 36.4 for Mexico. The US is forecast to export 99.1 million tonnes of grain, while Mexico imports 22.7 million tonnes.
Large North American supplies and strong US export volumes keep global feed grain availability ample, while Mexico's import dependence makes it a key demand source.
world-grain.comChris LyddonFeb 9, 2021After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
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.
