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Corn Faces Longest Losing Streak Since Early 2025 on Weak Demand

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Commodities Corn Faces Longest Losing Streak Since Early 2025 on Weak Demand US corn futures fell for a sixth day, their longest losing streak since March 2025, as harvest pressure and weak exports led hedge funds to sell their positions at a rapid pace. The most active corn contract in Chicago fell as much as 0.5% to reach the lowest since August 12. It comes as inspections of corn for export dropped almost 50% week-on-week to 672,500 tons in the period ending Oct. 15.

Commodities Corn Faces Longest Losing Streak Since Early 2025 on Weak Demand US corn futures fell for a sixth day, their longest losing streak since March 2025, as harvest pressure and weak exports led hedge funds to sell their positions at a rapid pace. The most active corn contract in Chicago fell as much as 0.5% to reach the lowest since August 12. It comes as inspections of corn for export dropped almost 50% week-on-week to 672,500 tons in the period ending Oct. 15. To date, total sales for the marketing year are down 2.3% annually.
US (LOCATION) Chicago (LOCATION)
Originally published by Bloomberg Markets Read original →