Corn Mini May '26 (XNK26)
Corn Mini Futures Market News and Commentary
Corn futures are bouncing off the early session lows with contracts down 3 to 5 cents at midday. The CmdtyView national average Cash Corn price is down 2 3/4 cents at $4.07 ¾. Crude oil is down $18.32 at midday following a 2-week ceasefire between Iran and the US that includes the reopening of the Strait of Hormuz. Traffic was limited overnight.
Ahead of the Thursday WASDE update, analysts surveyed by Bloomberg are looking for a slight increase (3mbu) from March to 2.13 bbu for the US carryout projection. World ending stocks are seen 0.4 MMT higher to 293.2 MMT.
EIA data from this morning showed ethanol at a total of 1.116 million barrels per day in the week ending on 4/3. That was a 41,000 bpd increase on the week. Stocks saw a 62,000 barrel increase, to 26.053 million barrels. Exports were up 80,000 bpd to 203,000 bpd, as refiner inputs were down 8,000 bpd to 895,000 bpd.
Export Sales data will be released on Thursday, with analysts looking for 0.75-1.6 MMT in ol... Read more
Barchart 1 hour ago
Corn futures are bouncing off the early session lows with contracts down 3 to 5 cents at midday. The CmdtyView national average Cash Corn price is down...
Barchart 1 hour ago
The wheat complex is falling on Wednesday with weakness spilling over from the crude oil. Chicago SRW futures is down 18 to 19 cents on the day. KC HRW...
Barchart 1 hour ago
Soybeans are trading with mixed action as front months are up 1 to 2 cents and deferred down fractionally. The cmdtyView national average Cash Bean price...
Barchart Wed Apr 8, 9:28AM CDT
After bouncing back and forth all day Tuesday, algorithms got the headline Tuesday night that the US president had backed off his threat to end Iran's...
Blue Line Futures Wed Apr 8, 8:17AM CDT
Grain markets get hit hard on last night’s open, but have battled back and stabilized some into the early morning trade. These are the levels to keep...
Barchart Wed Apr 8, 7:23AM CDT
Wheat is trading with double digit losses across the three exchanges early on Wednesday. The wheat complex was mixed on Tuesday, with the soft red contracts...
Barchart 8 minutes ago
The Charlotte-based window and door manufacturer hit its 32nd new 52-week low of the past 12 months on Tuesday. Closing below $1, the stock’s fall from...
Barchart 10 minutes ago
How you can use a small portfolio of ETFs to take risk on what could be high-flying stocks.
Barchart 15 minutes ago
While Nvidia still leads, Intel is fighting its way back.
Barchart 23 minutes ago
May NY world sugar #11 (SBK26 ) on Wednesday closed down -0.35 (-2.40%), and May London ICE white sugar #5 (SWK26 ) closed down -6.40 (-1.49%). Sugar prices...
Barchart 25 minutes ago
May ICE NY cocoa (CCK26 ) on Wednesday closed up +168 (+5.55%), and May ICE London cocoa #7 (CAK26 ) closed up +61 (+2.62%). Cocoa prices settled sharply...
Barchart 27 minutes ago
May arabica coffee (KCK26 ) on Wednesday closed up +7.95 (+2.78%), and May ICE robusta coffee (RMK26 ) closed up +13 (+0.39%). Coffee prices recovered...
Barchart 33 minutes ago
Applied Materials shares rally after the company launches two new depositions systems. Here’s why Wall Street continues to recommend owning AMAT stock...
Barchart 33 minutes ago
Goldman Sachs sees a massive upside in MSFT after the underperformance. Should you buy the stock now?
