Corn futures are falling nearly 2/3 of the daily limit on Wednesday’s midday, with contracts down 18 to 20 1/4 cents following USDA’s quarterly stocks report. The CmdtyView national average Cash Corn price is down 20 cents at $4.59 1/2.
The quarterly Grain Stocks report from NASS showed September 1 stocks of corn at 2.095 billion bushels. That was well above the 1.551 bbu from last year, and 173 mbu higher vs. the WASDE estimate for 2025/26 US corn ending stocks and 184 mbu above estimates.