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Corn closed higher late in the session, though spreads weakened ahead of first notice day. The LSEG estimate of US corn output sits 422 million bushels below the USDA, while soybeans and soymeal traded lower on benign US weather.
Benign weather and lower soybean and meal prices point to ample supplies and weaker feed protein values. Corn firmness reflects a mixed picture between yield estimates and export commitments.
admis.comMark SoderbergAug 28, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
On Aug 28 corn closed higher late in the session, and LSEG's US output estimate sits 422 million bushels below USDA's, which supports a smaller-crop view.
Notes soybeans and soymeal traded lower on benign US weather on Aug 28, reflecting weather-driven selling pressure within the window.
