Corn futures are trading with 3 to 4 cent gains across most contract on Thursday. There were 154 deliveries issued against September corn futures overnight. The CmdtyView national average Cash Corn price was up 3 1/2 cents at $3.76.
Export Sales data from this morning indicated that a total of 539,900 MT of corn was sold during the week ending on September 4, below estimates of between 0.9 and 2.4 MMT in 2025/26 corn sales. There was an additional 1.17 MMT carried over from the 2024/25 marketing year. Total 2025/26 corn sales are starting the year at the second largest on record at 22.601 MMT.
The Rosario Grain Exchange estimates the 2024/25 Argentina corn production at 50 MMT, with the 2025/26 output number at 61 MMT, citing if there is “normal rainfall.” Brazil’s corn production for 2024/25 was raised by 2.67 MMT to 139.67 MMT according to CONAB.
Sep 25 Corn is at $3.97, down 1/4 cent,
Nearby Cash is at $3.76, up 3 1/2 cents,
Dec 25 Corn is at $4.20 1/2, up 3 1/2 cents,
Mar 26 Corn is at $4.37 3/4, up 3 1/4 cents,
