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December corn rose 2.75 cents to $4.5150 after settling at its lowest since July 2 the prior session. USDA reported 60% of the US corn crop harvested as of Sunday, ahead of the previous week but below the five-year average, with Illinois and Indiana advancing quickly.
Harvest progress and weak corn prices improve near-term feed supply availability and keep the cash market under pressure.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.