Corn futures are trading with 3 to 4 cent gains across most contract on Thursday. There were 154 deliveries issued against September corn futures overnight. The CmdtyView national average Cash Corn price was up 3 1/2 cents at $3.76.
Export Sales data from this morning indicated that a total of 539,900 MT of corn was sold during the week ending on September 4, below estimates of between 0.9 and 2.4 MMT in 2025/26 corn sales. There was an additional 1.17 MMT carried over from the 2024/25 marketing year. Total 2025/26 corn sales are starting the year at the second largest on record at 22.601 MMT.
The Rosario Grain Exchange estimates the 2024/25 Argentina corn production at 50 MMT, with the 2025/26 output number at 61 MMT, citing if there is “normal rainfall.” Brazil’s corn production for 2024/25 was raised by 2.67 MMT to 139.67 MMT according to CONAB.
Sep 25 Corn is at $3.97, down 1/4 cent,
Nearby Cash is at $3.76, up 3 1/2 cents,
Dec 25 Corn is at $4.20 1/2, up 3 1/2 cents,
Mar 26 Corn is at $4.37 3/4, up 3 1/4 cents,
On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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