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USDA's WASDE and Crop Production reports were delayed by at least 10 minutes on November 8 because USDA websites were down for maintenance. Traders saw December corn jump about 9 cents per bushel in the first minutes before the data appeared.
The release disruption showed how quickly market-moving USDA data can move futures, raising volatility risk for feed buyers who rely on report timing.
investigatemidwest.orgChristopher Walljasper, Midwest CenterNov 19, 2019After 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 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
