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Macro Finance

Corn Plunges After USDA Hikes US Yield Outlook in Surprise Move

Bloomberg Markets·October 9, 2026·1 min read

Corn fell as much as 4.8% after the USDA raised its US yield and production outlook for the top American crop, a surprise move most analysts expected to be a cut. The revision pressured prices across the grain complex, with traders recalibrating supply expectations for the 2026 harvest.

Read at Bloomberg Markets
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