December 2026 Corn Futures Fall Below Key Moving Average
Corn futures for December 2026 fell below the 200-day moving average to close at $464.0, according to senior market strategist Stephen Davis of Walsh Trading.
The decline follows several agricultural reports released by the US Department of Agriculture (USDA) this month and upcoming August 12 report.
Davis cited the USDA's Crop Progress report showing a 2% decline in corn rated 'good or excellent' to 61%, while corn rated 'poor or very poor' increased by 2% week-over-week to 14%.