
USDA's port-level export inspection report for the week ended 29 October showed 2.44 million tonnes of soybeans inspected, with about 62% bound for China. Corn inspections rose 38.63% week on week while wheat inspections fell 61.34%.
Strong China-bound soybean inspections support US soy export demand, while the corn rise signals firmer near-term shipments; inspections are not sales, so the signal is modest.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 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 1,006 past bearish report events, Wheat (SRW) 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.