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A micorn.org breakdown of USDA's first 2025/26 corn projections notes a trend yield of 181 bu/acre on 95.3 million planted acres, producing a record 15.8 billion bushel crop. USDA cut 2024/25 carryout by 50 million bushels and expects higher feed and residual use.
A record crop with stronger feed demand points to ample feed corn supply, which is mildly bearish for corn prices in the new marketing year.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.