Corn Mini Dec '26 (XNZ26)
Corn Mini Futures Market News and Commentary
Corn rounded out Thursday trade with contracts down 4 to 6 cents across most contracts. The CmdtyView national average Cash Corn price was down 6 3/4 at $4.10 3/4.
USDA’s weekly Export Sales report this morning fell short of the trade estimated range of 500,000 to 1 MMT for old crop corn export business in the week of July 9. It showed just 314,962 MT. That was a MY low but still more than triple the same week last year. Sales for 2026/27 were on the lower side of the 0.3-1.1 MMT expectations at 311,222 MT. That was a 6-week low and took the accumulated new crop commitments to 6.859 MMT, 14.5% above the same time last year.
The next 7 days are predicted to be relatively dry for much of the Western Corn Belt according to NOAA’s 7-day QPF, with just trace amounts in much of MN, IA, NE, MO, and the Dakotas. The Eastern Corn Belt is seen a little wetter, with 0.5-1.5 inches expected in parts of IL, IN, and OH.Â
The IGC cut its projection for 2026/27 world corn producti... Read more
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