
Exporters registered more than 680,000 tonnes of Argentine corn export sales declarations (DJVE) in a single day, mostly for shipment in the last two months of the year. AGD, Bunge, ACA, Cofco and LDC filed 580,000 tonnes for the 2025/26 cycle, and Bunge filed another 100,000 tonnes for March 2027.
The Rosario board price was $275,800 per tonne on 12 November, 4.1% below 13 October.
Heavy export commitments support Argentine corn demand and farm-gate prices. Cumulative 2025/26 declarations of 41.2 Mt against a 45 Mt Rosario Grain Exchange projection show exporters still need to originate tonnes, which keeps pressure on local supply.
After 737 past bullish trade events, Corn moved a median +0.4% over 5 sessions (57% higher; middle half -1.1% to +1.7%), and +0.5% 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.