# Days Later, Corn Still Puzzles Traders

> DTN's National Corn Index fell from $4.01 to $3.51 by Thursday August 15, a 12% drop following USDA's larger-than-expected 13.9 billion bushel corn estimate. Noncommercial traders liquidated net-long positions after the report.

- Date: 2019-08-16 · published 2019-08-16T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/57604-days-later-corn-still-puzzles-traders
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Heavy fund liquidation after a bearish USDA surprise drove cash corn lower, reducing feed grain costs for livestock buyers. Price direction remains tied to uncertainty over the prevented-planting acreage and yield.

## Read by commodity

- CORN: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/08/16/days-later-corn-still-puzzles

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