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The US Grains Council reports that Mexican feed industry buyers at Export Exchange 2018 confirmed or began negotiating purchases of 194,000 metric tons of corn and 37,000 tons of DDGS, worth $45.9 million combined. The sales were made in October 2018 and reported in July 2019.
Purchases of US corn and DDGS by Mexican feed buyers support export demand, though the volume is small relative to total corn trade.
grains.orgJul 24, 2019After 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.
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.
