# Corn Closes Under $5 with Grains Down 20-40 Cents For the Week: Do Funds Keep Selling? - AgWeb

> December corn futures closed below $5 on October 2 at $4.97 3/4, down 30 1/2 cents for the week. Funds had built a large long position, and they exited after USDA's larger-than-expected quarterly stocks and disappointment over China's farm purchase details. US export demand has slowed over the past four to five weeks.

- Date: 2026-10-02 · published 2026-10-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17146-corn-closes-under-5-with-grains-down-20-40-cents-for-the-week-do-funds-keep
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Fund liquidation and slowing export sales pressure corn prices, and the market is watching how USDA treats feed and residual use in the new-crop balance sheet. Lower corn prices reduce feed costs for livestock buyers.

## Read by commodity

- CORN: bearish ▼

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/corn-closes-under-5-grains-down-20-40-cents-week-do-funds-keep-selling

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.