
Traders are awaiting the November 10 WASDE report for updated yield, acreage and grain-stock figures. Corn futures briefly rose after an 80-million-bushel sale to Mexico, while harvest pressure remains; the article also notes dry conditions in central Brazil and mixed weather forecasts across US and Argentine growing regions.
The WASDE data could shift expectations for US grain supply, while the Mexico sale supports corn demand. Dryness in Brazil adds uncertainty to early soybean development, but forecasts for rain temper the immediate supply risk.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.