June WASDE Report Impacts Corn Futures Market
The June USDA World Agricultural Supply and Demand Estimates (WASDE) report influenced the corn futures market, with December CBOT corn futures declining by 14.3% from a May high to a June low in 2026. The drop coincided with falling ethanol and gasoline prices, which are closely tied to corn demand.
Topics: biofuel corn ethanol futures market WASDE report