Wheat and Corn Prices Fall Before USDA Report
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On September 9, 2026, prices for wheat and corn fell on the international grain market.
The drop came the day before the release of an important report from the USDA, the United States Department of Agriculture.
This monthly report gives updated information about crops around the world, including how much is being grown and stored.
Because the report can strongly affect prices, traders often become cautious right before it is published.
Many people chose to sell wheat and corn ahead of the announcement, which pushed prices down.
Analyst Mike McGlone commented on recent movements in the corn futures market.
Futures are agreements to buy or sell a product, like corn, at a fixed price on a future date.
According to McGlone, December corn futures had recorded their strongest August performance since 1980.
This means that, before the recent fall, corn futures had risen sharply during the month of August.
The rise was described as the best for that month in over 40 years.
However, this surge was followed by a decline just before the USDA report was published.
Grain markets are often sensitive to official reports like this one from the USDA.
Investors use this information to make decisions about buying or selling grain products.
The article does not give exact prices or percentages, but it makes clear that both wheat and corn dropped in value.
Traders and farmers will be watching closely to see what the USDA report reveals about global grain supply.
Vocabulary10 words
- corn
- a yellow grain, also called maize
- grain
- food crops like wheat and corn
- report
- an official document with new facts
- crops
- plants grown for food
- traders
- people who buy and sell goods like grain
- futures
- deals to buy or sell something at a future date, at a fixed price
- surge
- a sudden, strong increase
- decline
- a fall or decrease
- analyst
- a person who studies data and gives opinions about it
- USDA
- the U.S. government agency for farming information
Quiz
Answer key
1. They decreased 2. They had their strongest August since 1980 3. True
Fill-in-the-blank listening
Play the audio again and fill in the missing words as you listen.
On September 9, 2026, prices for wheat and corn fell on the international _____ market.
The drop came the day before the release of an important _____ from the USDA.
This monthly report gives updated information about _____ around the world.
Because the report can strongly affect prices, _____ often become cautious right before it is published.
Analyst Mike McGlone commented on recent movements in the corn _____ market.
Futures are agreements to buy or sell a product at a fixed _____ on a future date.
According to McGlone, December corn futures had recorded their strongest August performance since _____.
The rise was described as the best for that month in over 40 _____.
However, this _____ was followed by a decline just before the USDA report.
Grain markets are often _____ to official reports like this one.