USDA lifted 2026/27 corn production forecast to 16.03 billion bushels
USDA’s WASDE raised its 2026/27 corn production projection to 16.03 billion bushels, prompting traders to accelerate liquidation of long positions in corn futures.
By Kirk Maltais the Agriculture Department raised its forecast for the size of the corn crop, prompting traders to accelerate liquidation of their large long positions. 03 billion bushels, its second-highest level ever, in the 2026/27…