
Chicago corn futures fell on November 9, with the December contract down 0.51%, as traders remained cautious ahead of a new USDA supply-and-demand report. The USDA also confirmed a private sale of 110,000 tonnes of U.S. corn to Mexico, while some cash-market indications in Mato Grosso do Sul rose by more than 2%.
The sale adds evidence of export demand and is supportive for U.S. corn, though the futures decline and mixed local pricing temper the near-term price signal.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.