Corn Facing Friday Weakness
Corn futures are giving the lows from earlier in the week another look as contracts are back down 2 to 4 cents at midday. The CmdtyView national average Cash Corn price is down 4 cents at $4.18 3/4.
USDA reported a private export sale of 116,000 MT of corn to unknown destination this morning for 2026/27.
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Export Sales data now has total corn export commitments at 22.192 MMT, which is down 34% from a year ago. That is 26% of the USDA forecast for exports and behind the 37% average sales pace. Actual shipments via FAS data are now 9.54 MMT, up 2% from a year ago and 11% if the USDA number vs. the 5-year average shipping pace of 8%.
Dec 26 Corn is at $4.56 1/2, down 4 cents,
Nearby Cash is at $4.18 3/4, down 4 cents,
Mar 27 Corn is at $4.71, down 3 1/4 cents,
May 27 Corn is at $4.79 1/2, down 3 cents,
Dec 27 Corn is at $4.95 3/4, down 2 1/4 cents,
'27 New Crop Cash is at $4.50 1/2, down 2 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.
