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Front-month corn in Europe fell to 146.75 EUR per tonne on October 18 amid delayed US maize harvest and weaker US maize export sales. The move reflects softer export demand expectations despite the harvest delay.
Lower European corn prices reflect weaker US export competitiveness and ample supply, which keeps feed corn costs contained for importers.
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.