Corn Prices Slip on Monday Amid Lower Yield Numbers
Corn prices are showing weakness on Monday morning, steady to a penny lower. The slight dip comes after futures closed out Friday's session with contracts 2¾ to 5 cents lower, mainly due to a lower yield number in the monthly Crop Production report from NASS.
The US corn yield was down 2.2 bpa to 178.5 bpa, as reported by NASS on September 3. The production was also down 213 mbu from August at 15.8 bbu, with harvested acres trimmed by 87,000 acres to 85.506 million acres.
The WASDE report showed old crop ending stocks were down 23 mbu to 1.922 bbu as the World Ag Outlook board increased exports by 25 mbu and added 2 mbu to imports. New crop carryout was cut by 86 mbu on the production adjustment and carryover, to 1.567 bbu.
The weekly Export Sales data from Friday showed a total of 79,788 MT of 2025/26 sales in the week of 9/3 to round out the marketing year. Brazil’s 2026/27 first corn crop was tallied at 22% planted as of Thursday, ahead of the 17% pace from last year.