
Corn, soybean and wheat futures fell over the week, with December corn recording its sixth consecutive weekly decline. USDA announced a 1.73 million-tonne corn sale to Mexico, while weekly export sales totaled 1.295 million tonnes; cumulative corn commitments remained about 34% below last year.
The sale to Mexico supports US corn export demand, but commitments lagging last year’s pace point to weaker overall demand and limit price support. The market was also watching for potential US production changes in the upcoming USDA reports.
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.
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.