Corn futures are trading with contracts 2 to 3 cents lower so far on Thursday. The CmdtyView national average Cash Corn price is down another 2 3/4 cents at $3.79 ½.
A private export sale of 110,000 MT of corn was reported by the USDA this morning, to Mexico for 2025/26 shipment.
USDA’s Export Sales report showed a total of 1.23 MMT of 2025/26 corn sold in the week ending on 9/11 coming in the middle of estimates of 0.5 to 1.9 MMT. That was an improvement from the drop in sales reported last week and still 45.4% above the same week last year.
Brazil’s corn crop for 2025/26 is pegged to be 138.28 MMT according to CONAB, which would be down 1.42 MMT from the 2024/25 marketing year. Acreage is expected to rise 770,000 hectares (1.9 million acres) to 22.63 million ha (55.92 million acres).
Dec 25 Corn is at $4.24, down 2 3/4 cents,
Nearby Cash is at $3.79 1/2, down 2 3/4 cents,
Mar 26 Corn is at $4.41 3/4, down 2 3/4 cents,
May 26 Corn is at $4.51 3/4, down 2 1/2 cents,
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.
