Grain prices drop, with previously huge supply data.

The "World Agricultural Supply and Demand Estimates" report released on Monday was unexpected, and its impact continues to affect the grain futures market, with grain futures falling in early trading. The US Department of Agriculture did not lower the crop production outlook for 2025 as expected, but instead stated that the amount of grain stored in farmers' grain bins exceeded expectations. "Yesterday's report was a triple bearish blow for corn, soybeans, and wheat," Naomi Blohm of Total Farm Marketing said in a report. Other analysts believe that futures prices may rebound after yesterday's sharp drop, especially in corn futures, but the rebound has not yet occurred. The most actively traded corn futures fell 0.8%, soybean futures fell 0.5%, and wheat futures fell 0.3%.