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The November WASDE maintained its forecast for U.S. corn use in ethanol production. The article text does not provide the forecast volume or other report details.
An unchanged forecast signals no revision to expected corn demand from ethanol producers, offering little new price impetus for corn or ethanol.
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.
Not enough comparable past events yet for a historical read.
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.