◂ Event Timeline

Aug 20, 2026REPORTUS

Corn Breaks $5 Level as US Crop Tour Points to Tighter Supplies

Corn futures topped $5 a bushel for the first time in 18 months after weaker-than-expected US crop tour results. The tour's findings added to concerns about global grain supply.

WHY IT MATTERS

A smaller US crop estimate tightens corn supplies and raises feed grain costs for buyers. The price direction is bullish for corn.

AFFECTSCorn▲

2 SOURCES
ca.marketscreener.comReutersAug 20, 2026
bloomberg.comBen Westcott, Nil Codina MartinezAug 20, 2026

Price reaction & history

Corn▲bullishSO FAR1d +0.7%5d +6.7%20d +10.6%

After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.

Oct 11, 2018Brighter Crop View Sparks Corn Buzz as Rally Fades for Wheat - Bloomberg+4.1%
Aug 12, 2026Corn Futures Jump as USDA Cuts US Yield More Than Forecast - Bloomberg+3.5%
May 12, 2025World corn supplies set for 12-year lows despite massive US crop | Reuters+0.0%
Jan 15, 2021Corn set for biggest weekly gain since July as global supplies tighten - Markets - Business Recorder-0.1%
Dec 8, 2023USDA’s December WASDE Forecasts Lower Domestic Corn and Wheat Supplies-2.7%

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.

Linked price moves

Corn+5.4%5 periods to Aug 25, 20262.9σ
Corn topped $5 for the first time in 18 months on weak crop tour results, which directly explains the sharp rally inside the 5-day window.

Corn CORN · GP ▸

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