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News 2026-10-07 12:28 UTC

Corn Eases as Traders Await USDA Crop Forecast

Corn futures fell toward $5 a bushel, pressured by a stronger US dollar and caution ahead of the USDA’s monthly WASDE report due Friday. Prices surged to a one-week high on Tuesday after weekly USDA data showed corn harvest progress and crop conditions below market expectations. Only 23% of the US crop had been harvest