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Corn Futures Near 11-Week Low

Grade Bbearish AI signal$CORN
Corn futures remained below $4.50 per bushel, hovering near an 11-week low as the advancing US harvest and expectations for record production pressured prices. The USDA forecasts 16.03 billion bushels of US corn production in the 2026/27 marketing year, while export inspections fell nearly 49% week over week to 672,475 metric tons, despite export sales rising 36% to 60.1 million bushels. Faster harvesting and abundant projected supplies could intensify export competition and keep downward pressure on corn prices, although stronger export sales may provide some support.

Bullish strength: 20/100

  • US corn export sales for the 2026/27 marketing year rose 36% week over week to 60.1 million bushels, exceeding analysts' expectations.
  • Harvest progress remained six percentage points behind the five-year average as of October 25.

Bearish strength: 80/100

  • Corn futures traded below $4.50 per bushel near an 11-week low.
  • USDA forecasts record 2026/27 corn production of 16.03 billion bushels and ending stocks of 1.849 billion bushels.
  • Drier weather could accelerate harvesting and increase available supplies.
  • Weekly export inspections fell nearly 49% to 672,475 metric tons, the lowest since October 2024.
  • Marketing-year shipments were 2.3% below the same period last year.

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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