Corn prices climbed toward $4.30 per bushel, the highest since early July, after the September WASDE lifted 2025/26 US corn output to a record 16.81 billion bushels. Exports were raised to a record 2.98 billion bushels while ending stocks were pegged at 2.11 billion.
A tighter-than-expected balance sheet despite record output, plus disease pressure and heat risk to yields, supports corn prices for feed buyers.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
Corn climbed to its highest since early July after the WASDE raised record exports, which directly describes the price jump.