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Grain-in-all-forms exports to the 20 US free trade partners held at 39 million metric tons from September 2017 to April 2018. Exports to Mexico and Canada rose nearly 5% to 20.3 million tons.
Mexico's corn purchases were up 8% from last year.
Steady NAFTA and FTA demand for corn and DDGS supports US export prices and offers a stable outlet for feed grains.
grains.orgJun 7, 2018After 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.
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.
