# Corn futures dip to four-year lows | World Grain

> CME September and December corn futures fell to their lowest levels since October 2020 on August 26. Analysts cited record yields, record 2023 US corn production, and farmers releasing stored old-crop corn. Global supplies are described as ample.

- Date: 2024-08-28 · published 2024-08-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28816-corn-futures-dip-to-four-year-lows-world-grain
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy supply and old-crop selling keep downward pressure on corn futures, which lowers feed grain costs for buyers. Prices may stay weak until demand picks up or the crop outlook changes.

## Read by commodity

- CORN: bearish ▼

## Sources

- world-grain.com: https://www.world-grain.com/articles/20391-corn-futures-dip-to-four-year-lows

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.