Brazil exported 107.7 million tonnes of soybeans through October 2026, 2.8% more than in the same period last year, although October shipments fell from September and a year earlier. October corn exports rose 9.2% from September to 5.91 million tonnes, while sorghum exports reached a monthly record of 1.2 million tonnes.
Lower seasonal soybean shipments from Brazil leave a greater share of near-term Chinese import demand for other origins, while record sorghum exports increase available export supply. The shipment figures are meaningful for trade flows but are not, by themselves, evidence of a major change in total crop supply.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
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.
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.