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Kansas corn groups, with state agencies and the US Grains Council, ran a trade mission across Mexico in late March to promote corn, DDGS and ethanol. Mexico bought 523.6 million bushels of US corn and 1.9 million metric tons of DDGS in 2015/2016.
The mission supports continued demand for US corn and DDGS from Mexico, a key outlet during a period of low prices, though it has no immediate price effect.
kscorn.comcbdAdminApr 18, 2017After 480 past neutral trade events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
