Corn Futures Drop to 2025 Lows – Planting Pace and Technical Pressure Dominate Marke
➡ Corn Futures Drop to 2025 Lows – Planting Pace and Technical Pressure Dominate Market
Corn futures continued to fall on Tuesday, with the July contract at its lowest level since January. Despite tighter U.S. stock estimates, ideal planting weather and technical selling drove prices lower. Euronext futures bucked the trend, posting a modest gain.
U.S. corn futures came under renewed pressure as traders digested the WASDE data and weather forecasts. Although the USDA cut ending stocks for old crop, overall sentiment remained bearish due to planting progress and rising global production. The European market held up better on technical buying.
Corn futures continued to fall on Tuesday, with the July contract at its lowest level since January. Despite tighter U.S. stock estimates, ideal planting weather and technical selling drove prices lower. Euronext futures bucked the trend, posting a modest gain.
U.S. corn futures came under renewed pressure as traders digested the WASDE data and weather forecasts. Although the USDA cut ending stocks for old crop, overall sentiment remained bearish due to planting progress and rising global production. The European market held up better on technical buying.
📈 Market Situation & Price Development
🇺🇸 CBOT (U.S. Market)
➡ Technical breakthrough key support zones triggered further liquidation.🇪🇺 Euronext (EU Market)
➡ Paris futures rebounded modestly as traders saw value near recent lows.🔍 Key Market Drivers
- 🌱 US Planting Progress:
- As of May 12, 62% of corn was planted, vs. 56% 5-year avg.
- USDA data beat analyst expectations → bearish short-term
- Emergence at 28% vs. 21% 5-year avg.
- 🧮 USDA Ending Stock Revisions (WASDE, May):
- Old crop ending stocks (Sep 2025): 1.415 Bbu
- Down from April (1.465 Bbu)
- Below market expectation (1.443 Bbu) – supportive, but ignored short term
- 🇧🇷 Brazil Crop Discrepancy:
- USDA: ↑ to 130 Mt
- Cordonnier: only ↑ to 127 Mt
- Uncertainty persists – market discounts USDA optimism
- 📉 Technical Pressure:
- The July contract broke through the 445 ct support
- Momentum funds accelerating downside
☁️ 14-Day Weather Trend (Key Growing Regions)
🌍 Corn Market Snapshot (Post-WASDE)
💡 Trading Recommendations & Market Assessment
- 🔻 Short-term outlook remains bearish
- ⚠️ Weather + fund pressure outweighs the tight stocks narrative
- 📊 Brazil outlook contested, watch for supply revisions
- Avoid new longs until technical stability returns
- Monitor Thursday’s export sales for demand confirmation
- Look for support near 440 ct/bu (CBOT Jul) – psychological barrier
🔮 3-Day Price Forecast (May 15–17)
