Corn Sep '24 (ZCU24)
Corn Futures Market News and Commentary
Corn futures rallied into the Thursday close, as contracts were 4 ¼ to 8 ½ cents higher on the session. The CmdtyView national average Cash Corn price was 8 3/4 cents higher at $3.87.Â
Precip heading into the first couple days of July is limited in portions of NE, SD, IA, the southern portions of MN/WI as well as the northern areas of the Eastern Corn Belt according to the NOAA 7-day QPF. Rain totals of 1 to 3 inches are seen in much of the ECB. The 8-14 day outlook from the CPC shows warmer than normal temps across the US, with the ECB looking at drier than normal precipitation.
USDA’s Export Sales report was updated this morning with old crop sales pegged at 743,097 MT in the week ending on 6/18. That was a 6-week low, but still slightly ahead of the same week last year. Mexico was the top buyer of 307,300 MT, with 161,700 MT sold to Japan and 98,400 MT to Colombia. New crop business was tallied at 735,862 MT, more than double the same week last year. Mexico was the bu... Read more
Barchart · Thu Jun 25, 5:01PM CDT
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Barchart · Thu Jun 25, 5:01PM CDT
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Barchart · Thu Jun 25, 5:01PM CDT
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Barchart · Thu Jun 25, 5:01PM CDT
The wheat complex found late session strength to close mostly higher on the session. Chicago SRW contracts closed the Thursday session with contracts 4...
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Barchart · Thu Jun 25, 5:01PM CDT
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