
France exported 239,400 tonnes of corn and 458,700 tonnes of barley in December 2016, with corn exports down 18.4% year on year and barley up 8%. FranceAgriMer cut its 2016/17 corn export forecast to 4.895 million tonnes and barley to 4.485 million tonnes.
Lower French corn and barley export forecasts reduce EU supply available to overseas buyers, a modestly supportive factor for feed grain prices.
After 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.