
December corn futures fell 2¼ cents to $4.39¼, closing at a four-month low amid renewed technical selling and a near-term downtrend. USDA reported a 110,000-tonne U.S. corn sale to Mexico for 2026–27 and weekly export inspections of 905,267 tonnes; traders were also watching the upcoming November WASDE and harvest progress.
The price decline reflects technical selling, while the Mexico sale and inspections provide some demand support but were not enough to lift the market. Expected slightly lower U.S. yield and production estimates could tighten supply at the margin, though the report had not yet been released.
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.