Daily Commodity Market Analysis -- 09/30/2026
The quarterly stocks report landed on corn, and it landed hard. Corn had been a few cents higher into the 11:00 release, then was down more than 20 within minutes once USDA found 177 million more bushels of old crop than the trade was looking for, 90 million more than even the highest guess. It never got much of a bounce from there, finishing near the low of the day and at its lowest close since the middle of August.
Comments