Corn futures are holding onto the Friday gains but the weakest of the grains, with contracts fractionally to 4 cents higher. The CmdtyView national average Cash Corn price is back up 1 1/4 cents at $4.83 1/2.
Strength in the wheat, up 19 to 27 cents and beans rallying double digits, are providing some spillover support.
Export Sales data shows corn commitments for 2025/26 at 87.758 MMT, which is 102% of the USDA export projection and in line with last year’s sale pace, The marketing year ends on Monday. Accumulated sales new crop for 2026/27 were are at 12.458 MMT, which is down 33.6% from the same week a year ago, but still the 4th largest for the current week going back 30 years.
Sep 26 Corn is at $5.11, up 3/4 cent,
Nearby Cash is at $4.83 1/2, up 1 1/4 cents,
Dec 26 Corn is at $5.36, up 2 1/2 cents,
Mar 27 Corn is at $5.50 1/2, up 3 1/4 cents,
New Crop Cash is at $4.87 3/4, up 3 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.
/AI%20(artificial%20intelligence)/Ai%20chip%20by%20Quality%20Stock%20Arts%20via%20Shutterstock.jpg)
/A%20close-up%20of%20the%20Broadcom%20logo%20on%20a%20smartphone%20by%20Timon%20via%20Adobe%20Stock.jpeg)
