🌽 Pro Farmer sharply cuts its 2026 U.S. corn yield estimate, adding pressure to supply expectations
📉 Pro Farmer estimates the U.S. corn yield at 173.2 bu/acre, implying production of 15.344 billion bushels, well below the USDA’s August estimate of 180.7 bu/acre.
🔎 Field checks covering more than 3,000 fields across seven states highlighted shorter grain length and tip-back. Many crops appeared healthy from the road, but actual kernel development was weaker than expected.
📊 No state on the tour exceeded 200 bu/acre, while Iowa came in near 194 bu/acre. Corn futures moved higher after the results, suggesting the market is reassessing supply risks.
🌾 Attention now turns to the USDA’s September report. A further yield cut could tighten the U.S. corn balance into the final months of the year.
#Corn $NVDAB $AAPLB $AAPL.US