TREND: The trend for December corn is down.
NONCOMMERCIAL OUTLOOK: Noncommercial corn traders held a net-short futures position of 70,940 contracts as of August 26, a decrease of 34,270 contracts as speculators have turned to short covering amid a shift to drier weather through August for the southern and eastern Corn Belt.
COMMERCIAL OUTLOOK: Commercial corn traders held a net-long position of 93,769 contracts as of August 26, a decrease of 30,186 contracts week over week. The December 2025 contract is priced 17 1/2 cents lower than the March 2026 contract, a spread that held even on the week but is indicative of overall comfortable supplies expected for new crop corn.
SEASONAL INDEX...
DTN's Grain Quick Takes
OMAHA (DTN) --December corn is up 8 1/4 cents and November soybeans are up 3 3/4 cents. December KC wheat is up 3 1/4 cents, December Chicago wheat is up 4 1/4 cents, and December MIAX Minneapolis wheat is up 2 1/4 cents.