Corn futures held around $4.40 per bushel, near their lowest level since mid-August, as traders positioned ahead of the USDA’s November WASDE report. Analysts expect the USDA to trim its 2026/27 U.S. production estimate, while wet conditions slowed harvest progress; weekly export inspections were lower year over year, though a 110,000-tonne sale to Mexico provided some support.
A possible production cut and harvest delays could tighten expected U.S. supply and support corn prices, but weaker export inspections point to softer demand and limit that support.
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.