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The U.S. Grains Council is promoting unit train shipments of U.S. corn and DDGS to feedlots around Lethbridge, Alberta, after an October trade mission. The first unit train of 2017-18 corn was delivered to Lethbridge the week before the mission.
Expanded Canadian feedlot demand for U.S. corn and DDGS, supported by close proximity to northern ethanol plants, could tighten US feed grain balances modestly.
feedstuffs.comOct 27, 2017After 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.
