“`markdown
Corn futures experienced a significant upswing on Friday, July 26, following favorable USDA data, with contracts rising between 2 ½ to 10 ¼ cents. September contracts gained 16 ½ cents this week, while December contracts increased by 19 ½ cents. The CmdtyView national average cash corn price is now $4.09 1/2, a rise of 7 3/4 cents.
The USDA’s monthly WASDE report indicated a reduction in US corn stocks for 2025/26 to 2.02 billion bushels, down 125 million from last month. This was driven by a 150 million bushel increase in feed and residual usage, despite a 25 million bushel decrease in ethanol. Additionally, world corn stocks were reduced by 5.96 million metric tons to 275.26 million metric tons, affected mainly by US adjustments and a smaller drop in China.
CFTC data revealed that managed money shifted back to a net long position in corn futures and options, increasing by 58,868 contracts to a total of 12,659 contracts for the week of July 7.
“`
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
