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Corn futures closed Wednesday down 1 to 4.5 cents across the board, with Dec 26 corn at $4.48. The move followed Tuesday's NASS report showing a US corn yield of 179.6 bu/acre and a WASDE cut to US ending stocks.
Lower Dec corn prices reduce feed-grain costs for buyers, though the lower USDA yield and stocks estimates limit how far prices can fall.
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.