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NewsSignals AI analysis·Reuters·

CBOT corn ends lower under pressure from large US harvest

Grade Bbearish AI signal$CORN
CBOT corn futures closed lower, trading near a four-month low as expectations of a historically large US harvest continued to pressure prices. The USDA is expected to estimate the 2026 US corn crop at 15.962 billion bushels, which would rank as the second-largest harvest on record, while weekly export sales reached 1.3 million metric tons. Continued large crop supplies could keep pressure on corn futures despite steady export demand.

Bullish strength: 20/100

  • Weekly US corn export sales of 1.3 million metric tons were within analysts' expectations.
  • The expected harvest estimate is slightly below the USDA's October forecast.

Bearish strength: 80/100

  • CBOT December corn futures closed down 4.25 cents at $4.40 per bushel.
  • Large US crop expectations are weighing on prices.
  • The expected harvest would be the second-largest in US history.
  • Corn futures are trading near a four-month low.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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Corn, soybean futures sag under weight of big US crops

US corn and soybean futures fell to multi-month lows as large domestic harvests continued to weigh on prices, with corn approaching a four-month low and soybeans hitting a 2-1/2-month low. December corn closed down 4.25 cents at $4.40 per bushel, while January soybeans dropped 14 cents to $11.88¼; analysts expect the USDA to report a record-large soybean harvest next week. Rising US crop supplies could maintain downward pressure on corn and soybean prices, while wheat may remain sensitive to developments surrounding Black Sea shipping access.

Corn, soy bids mostly higher as farmers hesitate to sell

Corn and soybean basis bids across the US Midwest were mostly steady to higher as low futures prices discouraged farmers from selling their remaining grain supplies. Analysts expect the USDA to slightly reduce its corn production estimate to 15.962 billion bushels while raising its soybean production forecast to a record 4.597 billion bushels. Continued farmer selling resistance could support cash grain basis levels, although large harvest supplies and weak futures prices may pressure corn and soybean markets.

Slower Farmer Selling Could Help Local Grain Prices — Market Talk

Slowing farmer grain sales could provide support for local cash prices and offer some underlying strength to grain futures. Weekly export sales were at the upper end of estimates, while CBOT corn fell 0.7% and wheat gained 0.4%. Reduced farmer selling could help stabilize or lift grain prices, although seasonal weakness and limited fundamental support could cap rallies.