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Corn ($CORN) Commodity Forecast: Down 5.3% Today

Morpher AI identified a bearish signal. The commodity price may continue to fall based on the momentum of the negative news.

What is Corn?

Corn is a widely traded commodity used for food, feed, and industrial purposes. It is a key ingredient in many products and a significant component of the global agricultural market.

Why is Corn going down?

CORN commodity is down 5.3% on Jan 13, 2026 1:00

  • The bearish movement in the corn market can be attributed to an increase in US production to a record level as per the latest data, resulting in an excess of supply.
  • Global corn stocks, particularly in China, have also risen according to recent findings, reducing the necessity for import demand and pushing prices down.
  • Favorable weather conditions in Argentina have eased worries about supply disruptions, further influencing the negative sentiment in the market.
  • Overall, the surplus in supply, slow demand growth, and positive weather forecasts have led to a 5-week low in corn prices, indicating the prevailing bearish trend in the market.

CORN Price Chart

CORN Technical Analysis

CORN News

Corn Plunges After WASDE

Corn futures plunged below $4.30 per bushel, the lowest since late November, as the January WASDE shifted the balance back toward overwhelming supply while demand growth remained insufficient to absorb it. USDA raised 2025/26 US production to a record 17.0 billion bushels, driven by a higher 186.5 bpa yield and a larger harvested area, lifting ending stocks to 2.2 billion bushels. Although feed and residual use was revised higher, demand gains lagged far behind the surge in supply, reinforcing the need for lower prices to clear inventories. Globally, the report also pushed world corn stocks up to 290.9 million tons, largely reflecting higher Chinese stocks, which reduced urgency for import demand elsewhere. At the same time, earlier weather concerns in Argentina have eased as rainfall prospects improve, softening near term South American supply risk and restoring confidence in export availability later in the season.

0 Missing News Article Image Corn Plunges After WASDE

Corn Hits 5-week Low

Corn decreased to 435.25 USd/BU, the lowest since December 2025. Over the past 4 weeks, Corn lost 0.23%, and in the last 12 months, it decreased 7.93%.

1 Missing News Article Image Corn Hits 5-week Low

Corn Price History

13.08.2024 - CORN Commodity was up 7.4%

  • The recent bearish trend in Corn, hitting a near 4-year low, might have triggered a buying spree among investors looking to capitalize on the low prices.
  • The prolonged decrease in Corn prices over the past few weeks and months could have created an attractive entry point for traders, leading to increased demand and a bullish market movement.
  • The market sentiment towards Corn may have shifted due to factors such as weather conditions, supply chain disruptions, or changes in demand, prompting a sudden surge in buying activity and driving prices higher.

12.00.2026 - CORN Commodity was down 3.9%

  • Corn prices hit a 5-week low, signaling a bearish trend in the market.
  • The continuous decrease in Corn prices over the past 4 weeks and the last 12 months indicates a long-term downward trend.
  • The bearish movement could be attributed to factors such as oversupply, weakening demand, or unfavorable weather conditions affecting crop yields.

10.00.2025 - CORN Commodity was up 2.5%

  • Dry conditions in Argentina, a major corn exporter, have raised concerns about crop yields, leading to a surge in corn futures prices.
  • The weakening U.S. dollar has made corn more attractive to foreign buyers, contributing to the bullish movement.
  • Uncertainty surrounding U.S. tariffs under the upcoming administration has added to economic expectations, supporting the rise in corn prices.
  • The lack of expected rainfall over the weekend has heightened worries about crop stress, further boosting corn futures above $4.55 per bushel.

13.00.2026 - CORN Commodity was down 5.3%

  • The bearish movement in the corn market can be attributed to an increase in US production to a record level as per the latest data, resulting in an excess of supply.
  • Global corn stocks, particularly in China, have also risen according to recent findings, reducing the necessity for import demand and pushing prices down.
  • Favorable weather conditions in Argentina have eased worries about supply disruptions, further influencing the negative sentiment in the market.
  • Overall, the surplus in supply, slow demand growth, and positive weather forecasts have led to a 5-week low in corn prices, indicating the prevailing bearish trend in the market.

03.01.2025 - CORN Commodity was up 3.7%

  • Several factors contributed to the upward movement in the Corn market:
  • Growing demand for Corn-derived products across various sectors.
  • Disruptions in the supply chain raising concerns about Corn shortages.
  • Favorable weather conditions affecting Corn cultivation.
  • Speculative trading and investor sentiment influencing price hikes.

28.02.2024 - CORN Commodity was up 1.7%

  • Chicago corn futures stabilized around $4.4 per bushel as investors awaited the agriculture report, indicating a sense of caution in the market.
  • Anticipation of minimal variation in total corn acreage compared to last year's high suggests stability in the supply side, potentially supporting prices.
  • The lowered output forecast by a major corn-producing country and concerns over weather conditions in other key producing countries may have contributed to the bullish sentiment by raising supply concerns and potential crop damage, respectively.
  • Overall, the combination of these factors likely led to the bullish movement in the corn market today.

14.04.2024 - CORN Commodity was up 5.0%

  • The bullish movement in corn prices was primarily driven by indications of lower-than-expected ending stocks for the 2024/25 season, both in the US and globally.
  • Supply challenges in major corn-exporting countries like Argentina and Brazil, such as dry weather, stunt disease, floods, and transportation hurdles, contributed to the bullish sentiment in the market.
  • Concerns about potential supply disruptions due to climate events and technical setbacks, along with the anticipation of a key report, kept traders on edge and supported the upward movement in corn futures.
  • Overall, the combination of reduced ending stocks, supply challenges in key exporting countries, and technical factors led to the bullish movement in corn prices despite some slight easing in the market.

28.05.2024 - CORN Commodity was down 5.4%

  • Prices of Corn plummeted to a 3-1/2-year low, suggesting a prolonged downward trajectory.
  • The persistent decline in Corn prices in recent weeks and months reflects a pessimistic outlook among investors.
  • Several factors, including oversupply, diminished demand, and global economic uncertainties, likely played a role in the sharp drop in Corn prices.

28.09.2025 - CORN Commodity was down 0.6%

  • Corn futures climbed to over $4.30 per bushel, reaching September highs due to stronger demand and constrained supply. However, today's bearish movement could be attributed to profit-taking by traders after the recent price surge.
  • The structural tightness in global inventories, worsened by adverse weather conditions in South America, has been supporting the bullish trend in corn prices. Today's dip may be a temporary correction in response to the recent rally.
  • The market's sensitivity to physical shipment and weather signals, as well as interruptions to official US data releases, could have added volatility to corn prices. Traders might have reacted to any negative news or uncertainties impacting the market sentiment.

14.10.2025 - CORN Commodity was down 1.3%

  • Corn prices faced a bearish movement as global supply outlook improved with South American countries like Brazil and Argentina expecting bumper crops, leading to increased competition in the market.
  • Despite solid US exports and robust overseas demand, the expanding global supply overshadowed near-term consumption, resulting in a downward pressure on prices.
  • Traders' anticipation of a report showing a smaller US crop and lower yields initially boosted prices, but the reality of ample supply and competitive offers from South America dampened market sentiment.
  • The market's vulnerability to further cuts in US production or a resurgence in export momentum highlights the delicate balance between supply, demand, and geopolitical factors influencing corn prices.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.