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US corn futures fell to about $4.42 per bushel, their lowest in three months. The USDA forecasts the second-largest US corn crop on record, and recent export shipments are down sharply year on year.
A large domestic crop combined with weaker export shipments increases expected surplus and keeps downward pressure on corn prices.
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.