Market Information

While the U.S. national average corn yield declined from August, prices were pressured by a higher production estimate compared to last month due to a larger-than-expected increase in harvested acreage. Harvest results and export trends will drive the market for the next month ahead of the next USDA report on Oct. 12. Market volatility, and opportunity, could remain high depending on whether yields meet, fall short of, or exceed the latest USDA forecasts and whether low prices stimulate an increase in U.S. export sales. Now is an important time to work closely with your Advance Trading advisor to execute your risk management strategy.

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