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USDA reported on November 2 private export sales of 1.135 million metric tons of corn to Mexico for 2026/27 delivery. Mexico's total US corn commitments were 9.023 million tonnes as of October 22, down 31% from a year earlier as domestic production recovers.
Lower Mexican purchases of US corn reduce export demand, which is bearish for US corn prices, although domestic output in Mexico remains well below consumption.
hellenicshippingnews.comNov 3, 2026After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), 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.
