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Chicago corn futures, including the September contract, settled at lifetime lows on Wednesday. Traders cited expectations of a record Brazilian second corn crop of 123.3 million metric tons and a lack of weather threats for the U.S. crop.
A record Brazilian harvest that competes with U.S. corn in the second half of the year adds export supply and pressures U.S. corn prices.
tradingview.comJun 25, 2025Not 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.
