Corn May '23 (ZCK23)
Corn Futures Market News and Commentary
Corn futures closed Thursday with losses of 7 to 10 ½ cents across most contracts, as increased supplies on USDA’s balance sheets added pressure. The CmdtyView national average Cash Corn price was down 6 3/4 cents at $3.80 1/2.Â
Export Sales data from this morning indicated 1.00 MMT of old crop corn business in the week of June 4. That was a 13.3% increase from last week and 26.4% larger than the same week last year. Japan was the top buyer of 373,100 MT, with 356,200 MT sold to Mexico. New crop sales were seen at 926,645 MT, taking new crop business to 4.124 MMT, a 31.6% increase from the same point last year. Japan was the lead buyer of 241,000 MT, with 237,500 MT sold to Colombia and 204,000 MT to South Korea.
USDA’s monthly WASDE report showed the old crop US ending stocks number at 2.145 bbu, a 3 mbu increase from last month. Corn used for ethanol was dropped by 25 mbu, with exports offsetting that with a 25 mbu increase. Imports were raised by 3 mbu. That 3 mbu car... Read more
Barchart · Thu Jun 11, 5:13PM CDT
Soybeans closed Thursday with fractional to 8 cent losses. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.61 1/2. Soymeal futures...
Barchart · Thu Jun 11, 5:13PM CDT
Corn futures closed Thursday with losses of 7 to 10 ½ cents across most contracts, as increased supplies on USDA’s balance sheets added pressure. The...
Barchart · Thu Jun 11, 5:13PM CDT
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Barchart · Thu Jun 11, 5:13PM CDT
Soybeans closed Thursday with fractional to 8 cent losses. The cmdtyView national average Cash Bean price was down 7 3/4 cents at $10.61 1/2. Soymeal futures...
Barchart · Thu Jun 11, 5:13PM CDT
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Barchart · Thu Jun 11, 5:13PM CDT
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Barchart · Thu Jun 11, 5:13PM CDT
Corn futures closed Thursday with losses of 7 to 10 ½ cents across most contracts, as increased supplies on USDA’s balance sheets added pressure. The...
Barchart · Thu Jun 11, 5:13PM CDT
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Barchart · Thu Jun 11, 5:13PM CDT
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