
U.S. corn futures fell 1 to 3 cents at midday after USDA reported 1.295 million metric tons of 2026-27 export sales for the week ending October 29, a three-week low and 35.1% below the same week a year earlier. Turkey also tendered to import 295,000 metric tons of corn, with bids due November 12.
The year-over-year decline in U.S. sales suggests softer export demand and weighs on prices. Turkey's tender could provide demand support if U.S. corn wins a substantial share, but no purchase is yet reported.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.