Loading…
The U.S. Grains Council joined a USDA agricultural trade mission of more than 100 US industry and government representatives to Mexico. The mission highlighted that Mexico is the top market for US grains in all forms, dominating corn, barley and DDGS exports and ranking as a top buyer of sorghum.
US grains in all forms exports rose 2% in 2018/19 to a record high.
Mexico's steady, record-level demand for US corn, sorghum, barley and DDGS supports export prices for these feed grains. The message reinforces existing demand rather than signaling a new change in flows.
grains.orgrwinkertNov 14, 2019Not enough comparable past events yet for a historical read.
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.
Not enough comparable past events yet for a historical read.
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.
