Corn Holds Steady on Thursday
Corn futures posted mixed trade at the close on Thursday, with contracts anywhere from down a penny to 1 ¼ cents higher across the board. The CmdtyView national average Cash Corn price was unch at $4.14 3/4.
The average close for December corn futures in October has been $4.76, as there are just one day left for the harvest price crop insurance discovery period.
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USDA’s Export Sales report from this morning indicated 1.304 MMT in 2026/27 corn sales during the week of 10/22, within expectations of 0.8-1.6 MMT. That was down 14.6% from last week and 28.8% below the same week last year. Unknown destination was the buyer of 411,800 MT, with 318,90 MT sold to Mexico, and 251,000 MT to Japan.
Dec 26 Corn closed at $4.51 1/4, down 1/2 cent,
Nearby Cash was $4.14 3/4, down 0 cent,
Mar 27 Corn closed at $4.64 3/4, down 1/4 cent,
May 27 Corn closed at $4.73, up 1/4 cent,
Dec 27 Corn closed at $4.89, down 1 cent,
New Crop Cash was $4.43 3/4, down 3/4 cent,
On the date of publication, Austin Schroeder did not directly have a position 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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