Agricultural Futures Markets Slide on September 4
The agricultural futures markets saw significant losses on September 4, 2026. December corn fell 4 cents to $5.36 3/4, near its daily low and for the week up only a quarter cent.
Corn prices closed at a technically bearish weekly low close today after hitting a three-year high mid-week. The market consolidated amid profit-taking pressure as shorter-term spec bulls likely lightened their positions heading into the three-day U.S. holiday weekend.
The soybean complex futures markets also saw mild profit-taking pressure, but losses were limited due to USDA's report of 250,600 MT of U.S. soybeans sold for delivery to unknown destinations during the 2026-27 marketing year.