Corn Tries to Recover with Oil, Soybeans Fall as China Accepts Brazil Beans
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Corn-ucopia of opportunities! 🌽 Trade Corn CFDs with FXTM to harvest your sweet as corn trading profits. #corn #trading | FXTM
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Are $5 Corn and $11 Soybean Prices in the Cards After USDA's Bullish Yield Cuts?
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Corn futures plunged on Monday following USDA's bearish report. Futures fell nearly 6%, marking the largest single-day decline since June 2023. The USDA raised its estimate of the 2025 US corn crop to a record 17.02bil bushels, an increase of 269mil bushels. The agency also increased its estimate of last year’s national average yield to a record 186.5 bpa, from 186 bpa previously. Following the dry conditions last fall, many analysts had expected a reduction in both production and yield estimate
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