Olam Agri Breaks Ground on $70 Million Feed Plant in Nigeria, Completion Expected in 2027

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.

• Dec 20, 2017Since the beginning of MY 2017/18 grain export amounted to 20 million tons — Latifundist.com+0.9%
• Sep 25, 2024McKalip feeling ‘confident’ with GM corn panel decision expected soon - Brownfield Ag News+2.6%
• Mar 26, 2021US corn sales hike drives expectations of 70 million mt exports - Fastmarkets+1.2%
• Dec 2, 2016Export Exchange Results in $460 Million in Grain and Co-Product Sales+4.1%
• Aug 29, 2018US feed associations release joint statement on preliminary trade agreement between US and Mexico - Milling and Grain+2.7%

After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.

• Jul 31, 2019Argentina Is Expected To Export 16 Million Tons Of Soybeans In 2019 - News - Jiaao Enprotech-1.7%
• Oct 31, 2018China to buy more vegoils and animal feed meals in coming weeks | Agrifish | POST Online Media+2.1%
• Aug 29, 2018US feed associations release joint statement on preliminary trade agreement between US and Mexico - Milling and Grain+1.8%
• May 14, 2019Romania and Greece Look to U.S. Soy for Vegetal Protein Ingredients, Superior Amino Acid Composition for Animal Feed - U.S. Soybean Export Council+4.7%
• Apr 23, 2018Steady Growth Demand for Feed and Protein Meals in Romania Signals Opportunities for U.S. Soy - U.S. Soybean Export Council+5.1%

Not enough comparable past events yet for a historical read.