Corn futures are down 11 to 12 cents due to USDA adding over 1 billion bushels to the balance sheet. Cash corn price at $3.56 1/2. USDA reports 315,488 MT of corn sale to Mexico. National corn yield at 188.8 bpa, production at 16.742 billion bushels with 97.3 million acres planted.

Old crop corn stocks at 1.305 bbu, new crop up 457 mbu to 2.117 bbu. World stocks for 2025/26 at 282.54 MMT. Crop progress shows US corn at 94% silking, 58% in dough stage, and 14% dented. Conditions at 72% gd/ex. South Korean importer buys 65,000 MT of corn.

Corn prices: Sep 25 at $3.73, Nearby Cash at $3.56 1/2, Dec 25 at $3.96, Mar 26 at $4.13 1/2, New Crop Cash at $3.53 3/4. No positions held by Austin Schroeder. Source: Barchart.com.

Read more at Yahoo Finance: Corn Falling at Midday as USDA Throws Fuel on the Bear’s Fire