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
Posted 10:33 -- December corn is down 1 cent per bushel, November soybeans are down 15 1/4 cents, December KC wheat is down 10 1/4 cents, December Chicago wheat is down 8 3/4 cents and MIAX December Minneapolis wheat is down 0.1000 cents.