
U.S. wheat exports in September totaled 1.546 million tonnes, down 14.83% from August and less than half the year-earlier volume. The report also says soybean exports were up 22.93% and corn exports reached 7.084 million tonnes, slightly exceeding the same-period record from the previous year.
Lower wheat export volumes point to weaker demand support for U.S. wheat, while stronger soybean and corn exports can support their prices by tightening available supplies. Expectations of restored Black Sea shipping routes add further pressure to wheat.
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.
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.
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.