Corn price actions is showing fractional losses early on Friday. Futures saw some back and forth trade on Thursday, but closed out the session with contracts up anywhere from ¼ to 1 ½ cents. Preliminary open interest rose 12,249 contracts on Thursday, imply new buying interest. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $3.82 3/4.
Export Sales data from Thursday showed a total of 1.923 MMT of 2025/26 corn sold in the week that ended on September 18. That was up 56.2% from last week and more than triple the same week last year. The largest buyer was Mexico at 891,100 MT, with 290,700 MT sold to unknown destination and 190,900 MT to Colombia.
Argentina’s suspension of export taxes was lifted on Thursday, due to hitting the $7 billion target in exports within the first couple days.
Dec 25 Corn closed at $4.25 3/4, up 1 1/2 cents, currently down ¾ cent
Nearby Cash was $3.82 3/4, up 1 1/2 cents,
Mar 26 Corn closed at $4.42 1/4, up 1 1/4 cents, currently down ½ cent
May 26 Corn closed at $4.51 1/4, up 1 cent, currently down ½ cent
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
