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USDA raised its national corn yield by 2.7 bushels per acre to 181.2 bushels per acre, against trade expectations of a cut. The agency also lifted projected 2026-27 ending stocks by 282 million bushels to 1.849 billion bushels.
A larger crop and higher ending stocks loosen corn supply, which pressures corn futures and feed grain prices for buyers.
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.
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.