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USDA raised its 2025/26 U.S. corn export forecast by 125 million bushels to a record 3.2 billion bushels in the December WASDE. That reduced corn ending stocks to 2.029 billion bushels, below pre-report estimates.
USDA made no changes to the soybean supply and demand numbers.
Record export demand draws down U.S. corn supplies, supporting corn prices and raising the cost of feed corn for buyers.
dtnpf.comDTN StaffDec 9, 2025After 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.
