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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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France to Discuss Grain Stocks Release With China, India
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Join us Friday for September’s Quarterly Grain Stocks report webinar: dtn.link/fo1ijx #AgMarkets #agriculture #agribusiness #grains #webinar #USDA #AgInsights | DTN/The Progressive Farmer | Facebook
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