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ING expects the US to produce a record corn crop of over 425m tonnes in 2025/26, up more than 12% year on year, with season-end stocks near 55m tonnes. It also expects global corn stocks to rise, but sees a tighter 2026/27 balance that could support prices.
Record US supply has pressured CBOT corn this year, and ample stocks limit near-term upside. A tighter 2026/27 balance could support prices in 2026.
Not enough comparable past events yet for a historical read.
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.