
A weekly grain market roundup reports corn closed the week 5.25 cents lower after private export sales of 51 million bushels to Mexico, 5.4 million to South Korea and 4 million to an unknown destination. Corn export inspections were 34.8 million bushels for the week ended October 29, and the corn harvest reached 74% complete.
Export sales to Mexico and South Korea support demand, but cumulative inspections trail last year by 13% and must accelerate to meet USDA's 3.3 billion bushel export projection.
Not enough comparable past events yet for a historical read.
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.