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Commodities

Corn Futures Slide Ahead of Crucial USDA Report

Guavy AI Editorial Team
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Corn
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Corn futures plummeted below $5.10 per bushel on Thursday as traders adjusted their positions ahead of Friday's highly anticipated USDA supply-and-demand report.

The decline came despite expectations for weaker US corn yields, which have provided a floor for prices so far this year.

Commodity brokerage StoneX lowered its estimate of the average US 2026 corn yield to 182.9 bushels per acre from 184.8 in its previous monthly forecast, raising concerns over tighter supplies.

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