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Free trade agreement partners bought half of U.S. feed grains exports in 2016-17, a record 57.4 million metric tons, up 14 percent year over year. The U.S. has FTAs with 20 countries that take significant corn, sorghum, barley and co-product volumes.
Growing reliance on FTA buyers supports U.S. corn and barley export demand, but the share of global GDP covered remains small, so the effect on prices is modest.
farmers-exchange.netFeb 9, 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.
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.
