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News 2026-10-12 02:41 UTC

Corn Futures Drop on Rising Stockpiles

Corn futures held below $4.9 per bushel, after dropping over 4% in the previous session to a seven-week low as the USDA's October report projected a larger US harvest and higher ending stocks for the 2026/27 season. The agency raised its yield estimate to 181.2 bushels per acre from 178.5 in September, lifting producti