Loading…
December corn futures settled at $4.39¼ per bushel, down 0.5%, after touching a four-month low of $4.38 as traders awaited the USDA’s monthly WASDE report. Investment funds had shifted to net-short corn positions ahead of the release.
The upcoming USDA supply-and-demand estimates could shift expectations for corn availability and demand, prompting price volatility. The crowded bearish positioning may amplify a rebound if the report is less bearish than expected, while bearish revisions could reinforce pressure.
ainvest.comAinvest Technical RadarNov 10, 2026Not 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.
