July has favored the US corn crop, with below-normal daytime temperatures and cooler nights reducing plant stress. Ample soil moisture compared to last year across the corn belt has further supported crop health. These favorable weather conditions have mitigated many potential risks to the crop, supporting the USDA increase in the 2024-25 US corn planted acres by 1.5 million acres while holding the corn yield to 181 bushels per acre. The good news is that the pollination period for corn is more than halfway through, but the bad news for producers is that the increase in new corn supply and carry-over corn stored on farms may lead to even lower prices.
Will a reasonable pollination period be more bad news for corn prices?
