Loading…
Corn futures climbed as much as 4.6% in Chicago after USDA cut its 2026 US corn yield by more than analysts expected, citing hot weather. The gains outpaced wheat, which was already rising on an attack on a key Russian grain port.
A larger-than-expected yield cut tightens the US corn balance sheet and supports feed grain prices for buyers. Black Sea disruption adds further upside pressure.
bloomberg.comMichael HirtzerAug 12, 2026After 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.
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.
