Corn Dec '21 (ZCZ21)
Corn Futures Market News and Commentary
Corn futures are trading with 13 to 15 cent losses in the front months on Thursday. There were 17 deliveries against May futures overnight, with the contract expiring today. The CmdtyView national average Cash Corn price is down 15 cents to $4.25.
A bill to approve year-around sales of E15 was passed by the US House of Representatives on Wednesday evening. It will now go through the Senate, facing some hurdles from oil state senators.Â
Export Sales data from this morning showed old crop corn business in the week of 5/7 at just 684,786 MT, falling short of the 1 to 1.9 MMT trade estimates. That was the second lowest total for the marketing year, just half of the week prior and down 59.2% from the same week last year New crop sales were just 400 MT near the bottom of expectations at 0 to 300,000 MT.
The NOAA 7-day QPF shows expected precipitation totals of 1 to 3 inches across much of the Corn Belt, with portions of the eastern Plains through OH catching some rain. <... Read more
Barchart · 1 hour ago
Soybeans are trading with 30 to 44 cent losses in most contracts on Thursday. The cmdtyView national average Cash Bean price is down 44 cents at $11.20....
Barchart · 1 hour ago
Corn futures are trading with 13 to 15 cent losses in the front months on Thursday. There were 17 deliveries against May futures overnight, with the contract...
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