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Corn futures closed slightly higher on Monday, with nearby contracts up half a cent to two cents. USDA reported a private export sale of 1.73 million tonnes of corn to Mexico, and the US harvest reached 74% complete as of November 1.
Firm export sales and a slightly faster harvest pace are small supportive factors for US corn prices, but the move is a routine daily price wrap with no new supply or demand shock.
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.