# U.S. corn futures recoup slice of Friday's steep drop after USDA forecast larger crop — retained record

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source: [news](https://highsignal.app/data/news) (news:seeking-alpha)  published 2026-10-12 22:30 ingested 2026-10-13 02:56

[original source ↗](https://seekingalpha.com/news/4652289-us-corn-futures-recoup-slice-of-fridays-steep-drop-after-usda-forecast-larger-crop?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news)

## retained text



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U.S. corn futures recoup slice of Friday's steep drop after USDA forecast larger crop

Oct 12, 2026, 6:30 PM ETTeucrium Corn Fund ETF (CORN), C_1:COM, WEAT, W_1:COM, SOYB, S_1:COMDBA, MOOBy : Carl Surran, SA News Editor

U.S. corn futures edged higher Monday after the previous session's sharp decline in reaction to a surprise report from the U.S. Department of Agriculture that forecast higher corn production and yields when most analysts expected a cut.

Friday's WASDE report raised

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Quick Insights

The higher-than-expected corn yield forecast caused an initial sharp decline in corn futures due to heavy liquidation, but prices later edged higher as the market reversed some losses.

While the USDA raised current wheat production estimates, U.S. wheat output is still projected to be at its lowest since 1970, highlighting ongoing long-term production challenges.

Expectations of continued global supply chain difficulties due to Russia's attacks on Ukraine's energy infrastructure contributed to rising CBOT wheat futures.
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document fetched 2026-10-13 02:56 · canonical https://seekingalpha.com/news/4652289-us-corn-futures-recoup-slice-of-fridays-steep-drop-after-usda-forecast-larger-crop?feed_item_type=news