# Corn Market Outlook: Lower US Harvest and Global Grain Surplus

> The November WASDE cut US corn production by 3.57 million tonnes to 403.7 million tonnes for 2026/27, about 27 million tonnes below last year. December corn futures in Chicago rose about 2.2% to around $176.8/t after the report.

- Date: 2026-11-13 · published 2026-11-13T13:37:39.402Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/97910-corn-market-outlook-lower-us-harvest-and-global-grain-surplus
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter US feed grain balance supports corn prices, but a large global wheat surplus and strong South American corn supplies are likely to cap gains and create substitution pressure for feed buyers.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-07-14 | [USDA forecasts lower corn supplies, higher biofuel demand in latest outlook \| Feed & Grain](https://feedsoft.ai/events/23712-usda-forecasts-lower-corn-supplies-higher-biofuel-demand-in-latest-outlook-feed.md) | +0.9% | -1.2% |
| CORN | 2022-09-29 | [COCERAL lowers forecast for EU grain harvest \| Miller Magazine](https://feedsoft.ai/events/39524-coceral-lowers-forecast-for-eu-grain-harvest-miller-magazine.md) | +1.7% | +4.0% |
| CORN | 2026-08-12 | [USDA Lowers Corn, Wheat and Cattle Outlooks in August WASDE - RFD](https://feedsoft.ai/events/17855-usda-lowers-corn-wheat-and-cattle-outlooks-in-august-wasde-rfd.md) | +3.5% | +11.8% |
| CORN | 2020-09-25 | [GB harvest 2020 nears completion: Grain market daily \| AHDB](https://feedsoft.ai/events/51179-gb-harvest-2020-nears-completion-grain-market-daily-ahdb.md) | +3.9% | +8.6% |
| CORN | 2025-10-13 | [Grains market outlook 2025/26: Big harvests, with diverging market trends \| Miller Magazine](https://feedsoft.ai/events/22476-grains-market-outlook-2025-26-big-harvests-with-diverging-market-trends-miller.md) | +1.2% | +1.1% |

## Sources

- commodity-board.com: https://commodity-board.com/daha-dusuk-abd-hasadiyla-misir-piyasasi-sikilasiyor-ancak-yogun-tahil-rekabetiyle-karsi-karsiya

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.