{"id":643155,"date":"2026-07-29T10:55:00","date_gmt":"2026-07-29T10:55:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=643155"},"modified":"2026-07-29T10:55:00","modified_gmt":"2026-07-29T10:55:00","slug":"us-corn-conditions-suffer-sharpest-deterioration-in-three-years-fueling-food-inflation-fear-2","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=643155","title":{"rendered":"US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear"},"content":{"rendered":"<p><span class=\"field field--name-title field--type-string field--label-hidden\">US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear <\/span><\/p>\n<div class=\"clearfix text-formatted field field--name-body field--type-text-with-summary field--label-hidden field__item\">\n<p>Less than a week after we reported that an options whale placed a $20 million bet on corn futures, a new<strong> U.S. crop report revealed the sharpest weekly deterioration in conditions in three years<\/strong>.<\/p>\n<p>Bloomberg cites a new USDA report that rated 63% of the U.S. crop as good or excellent, down 4 percentage points from the previous week and below consensus estimates. The decline was due to heat and dryness battering some of the nation&#8217;s top agricultural growing belts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\" xml:lang=\"en\">US Corn Conditions Slide 4% \ud83c\udf3d<\/p>\n<p>Farmers are saying it\u2019s the largest crisis on the Farm since last week <a href=\"https:\/\/t.co\/D0iX8PFL93\">pic.twitter.com\/D0iX8PFL93<\/a><\/p>\n<p>\u2014 GrainStats \ud83c\udf3e (@GrainStats) <a href=\"https:\/\/x.com\/GrainStats\/status\/2081922392939528349?ref_src=twsrc%5Etfw\">July 28, 2026<\/a><\/p><\/blockquote>\n<p><strong>1YR Net Change Corn Crop Yield Forecasts<\/strong><\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_2d5d4b8a.png?itok=7H6qdnxE\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_2d5d4b8a.png?itok=7H6qdnxE\"><img fetchpriority=\"high\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"d9b16eb6-eee1-42ad-a83e-c1e661193384\" data-responsive-image-style=\"inline_images\" height=\"296\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_2d5d4b8a.png?itok=7H6qdnxE\" alt=\"\" \/><\/a><\/p>\n<p>The most-active contract gained as much as .9%.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_2d577a96.png?itok=QtpYBrse\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_2d577a96.png?itok=QtpYBrse\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"2bb606e7-b650-4385-82af-c3c0a580c839\" data-responsive-image-style=\"inline_images\" height=\"263\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_2d577a96.png?itok=QtpYBrse\" alt=\"\" \/><\/a><\/p>\n<p>Heat warnings plague parts of Illinois and Missouri, although Corn Belt weather is expected to improve later this week.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/2026-07-28_07-53-46.png?itok=1xyQ4IPJ\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/2026-07-28_07-53-46.png?itok=1xyQ4IPJ\"><img decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"a9305ccf-b0be-421d-86f8-55bc6c7110f2\" data-responsive-image-style=\"inline_images\" height=\"407\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/2026-07-28_07-53-46.png?itok=1xyQ4IPJ\" alt=\"\" \/><\/a><\/p>\n<p>Last week, an options trader made a $20 million bet that corn futures will surge to their highest since 2023, as reduced U.S. planting, record exports, and heat-damaged crops tighten the supply outlook. The trade involved 105,000 November $5.50\/$6 call spreads, equivalent to more than 500 million bushels.<\/p>\n<p>The Bloomberg Agriculture Spot Index (BCOMAGSP) recently hit a three-year high. This dollar-denominated benchmark tracks 10 major agricultural futures, including Chicago and Kansas City wheat, corn, soybeans, soybean meal, soybean oil, coffee, cocoa, sugar, and cotton.<\/p>\n<p><a data-image-external-href=\"\" data-image-href=\"\/s3\/files\/inline-images\/Snag_2d5858e0.png?itok=jbD6cv8T\" data-link-option=\"0\" href=\"https:\/\/cms.zerohedge.com\/s3\/files\/inline-images\/Snag_2d5858e0.png?itok=jbD6cv8T\"><img loading=\"lazy\" decoding=\"async\" data-entity-type=\"file\" data-entity-uuid=\"7ba590dd-b0ca-4625-a141-dd3409951148\" data-responsive-image-style=\"inline_images\" height=\"271\" width=\"500\" class=\"inline-images image-style-inline-images\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_2d5858e0.png?itok=jbD6cv8T\" alt=\"\" \/><\/a><\/p>\n<p>Read our latest note on <a href=\"https:\/\/www.zerohedge.com\/commodities\/crop-prices-hit-3-year-high-heat-war-stoke-supply-fears-options-whale-places-20m-corn\">BCOMAGSP<\/a>, where traders are increasingly focused on maritime chokepoint disruptions, El Ni\u00f1o risks, and extreme heat gripping key growing regions across the U.S. and Europe.<\/p>\n<p><strong>Bank of America<\/strong>:\u00a0<a href=\"https:\/\/www.zerohedge.com\/commodities\/timing-next-grocery-inflation-surge-revealed-bofa\"><em>The Timing Of The Next Grocery Inflation Surge Revealed By BofA<\/em><\/a>.\u00a0<\/p>\n<\/div>\n<p>      <span class=\"field field--name-uid field--type-entity-reference field--label-hidden\"><a title=\"View user profile.\" href=\"https:\/\/cms.zerohedge.com\/users\/tyler-durden\" lang=\"\" class=\"username\" xml:lang=\"\">Tyler Durden<\/a><\/span><br \/>\n<span class=\"field field--name-created field--type-created field--label-hidden\">Wed, 07\/29\/2026 &#8211; 06:55<\/span><img decoding=\"async\" src=\"https:\/\/assets.zerohedge.com\/s3fs-public\/styles\/inline_image_mobile\/public\/inline-images\/Snag_2d5d4b8a.png?itok=7H6qdnxE\" title=\"US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear Less than a week after we reported that an options whale placed a $20 million bet on corn futures, a new U.S. crop report revealed the sharpest weekly deterioration in conditions in three years. Bloomberg cites a new USDA report that rated&hellip; <a class=\"more-link\" href=\"https:\/\/buglecall.org\/?p=643155\">Continue reading <span class=\"screen-reader-text\">US Corn Conditions Suffer Sharpest Deterioration In Three Years, Fueling Food Inflation Fear<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":643150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[18,19,10,21,12,11,9],"tags":[],"class_list":["post-643155","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cancel-culture","category-censorship","category-civil-liberties","category-election-integrity","category-equal-justice","category-free-speech","category-religious-freedom","entry"],"_links":{"self":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/643155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=643155"}],"version-history":[{"count":0,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/posts\/643155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=\/wp\/v2\/media\/643150"}],"wp:attachment":[{"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=643155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=643155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buglecall.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=643155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}