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.
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USDA lifts outlook for 2026/27 U.S. corn production
USDA raised projected 2026/27 U.S. corn production to 16.03 billion bushels, its second-highest level ever, despite excessive rainfall last month.