Polish corn prices fell on continued harvest and lower prices for both wet and dry grain, while wheat rose slightly at most surveyed buyers. Matif wheat dropped 1.4% but rose the prior day after the November USDA WASDE, which raised global wheat stocks to 280.82 million tonnes and cut the US corn yield to 179.6 bu/acre.
The USDA corn yield cut is supportive for corn futures, but weak Polish corn cash prices and higher world wheat stocks limit upside. Feed buyers face ample wheat supply and soft corn in the local market.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.