Bearish
USDA reports record-high corn stocks, pushing prices below $5 per bushel.
The U.S. Department of Agriculture (USDA) reported a significant increase in corn stocks, reaching 2.095 billion bushels as of September 1, 2026, up 35% from the previous year. This surplus, coupled with weak export demand, has led to a decline in corn futures, with prices falling below $5 per bushel.
Key points
- USDA reports 2.095 billion bushels of corn stocks, a 35% increase from last year.
- Corn futures drop below $5 per bushel due to surplus and weak export demand.
- Harvest progress continues amid favorable weather conditions.
Sources
AI-generated from public news sources. Not financial advice.
