Bullish
Corn futures surge to $5.40 amid tight global supplies and strong biofuel demand.
Corn futures have risen to $5.40 per bushel, driven by tight global supplies and robust biofuel demand. The U.S. Department of Agriculture (USDA) projects a record U.S. corn crop of 17 billion bushels, with a yield of 186.5 bushels per acre. However, global demand, particularly from China, remains strong, supporting higher prices.
Key points
- USDA projects record U.S. corn crop of 17 billion bushels.
- Strong biofuel demand bolsters corn prices.
- China's increased demand for feed grains supports global corn prices.
Sources
- Corn plunges after USDA stuns market with 17 billion bushel cropFarm Futures · January 12, 2026
- USDA projects record US corn crop, biggest harvested acres since 1933Reuters · September 12, 2025
- Exclusive-China buyers snap up U.S. sorghum, Australian barley as domestic corn supply tightensWSAU News/Talk 550 AM · 99.9 FM · February 12, 2026
- U.S. Corn Market Finds Strength in Tight Global SuppliesRFD · August 31, 2026
AI-generated from public news sources. Not financial advice.