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USDA announced a flash sale of about 68 million bushels, roughly 1.7 million metric tons, of U.S. corn to Mexico. Weekly inspections also showed corn shipments to Mexico rising in the week ending October 29, while China continued buying soybeans.
A large flash sale to Mexico, the top buyer of U.S. corn, adds firm near-term export demand and supports corn 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.
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.