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USDA reported private exporter sales of 1.73 million metric tons of corn for delivery to Mexico, including 1.14 million tons for 2026/27 and 594,360 tons for 2027/28. USDA also reported sales of 136,000 tons of soybeans to China for 2026/27.
Sizable new corn sales to Mexico support near-term U.S. export demand, and the soybean sale to China adds modest support to soybean prices.
squawknews.comSquawkNews DeskNov 2, 2026After 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.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.
