Commodities

Corn Eases From Three-Month High Following Bearish USDA Report

A combine harvester cuts rows of corn and transfers kernels to the hopper during a harvest in Dockery, Mississippi, in August. — A combine harvester cuts rows of corn and transfers kernels to the hopper during a harvest in Dockery, Mississippi, in August.
Photographer: Alan Chin/Bloomberg

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By Erin Ailworth and Ben Westcott

September 15, 2025 at 4:30 PM UTC

Corn futures eased off a three-month high, erasing most of Friday’s gains as traders digested a bearish report from the US Department of Agriculture that forecast a bigger than expected corn crop.

Corn dropped as much as 1.7% Monday, the most intraday since Aug. 12, after adding more than 2% Friday. The USDA’s latest World Agricultural Supply and Demand Estimates report, released Friday, upgraded expected harvested acres for corn to the highest since 1933, the latest indication that a glut will add downward pressure on prices.