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USDA export inspections show corn shipments rose 39% in the week ended Oct. 29 to 884,766 metric tons, with Mexico the top buyer.
Soybean inspections eased to 2.44 million tons, with China the leading destination, while wheat inspections fell sharply to 75,413 tons.
Strong corn and soybean export pace supports US demand, while weak wheat inspections point to softer export demand for US wheat, which is bearish for wheat prices relative to competing origins.
marketwatch.comNov 2, 2026After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
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.
