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Corn futures made new contract lows as the market faded USDA's July WASDE, which cut 2025 corn production by 115 million bushels to 15.705 billion on lower harvested acreage. USDA left soybean yield at 52.5 bu/ac, and production tightened by 5 million bushels.
Analysts said fund short positions could allow more downside.
Lower corn and soybean prices reflect favorable weather and expectations of higher yields, which keep feed grain costs low for buyers.
agweb.comMichelle RookJul 11, 2025After 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.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% 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.
