Corn Selling Extends to Start October
Corn futures are trading with contracts 4 to 5 cents lower so far on Thursday. The CmdtyView national average Cash Corn price is down 2 cents at $4.56 3/4.
Export Sales data from this morning showed just 535,989 MT in corn sales for 2026/27, which edged in the 0.5-1.3 MMT range of estimates of the week of 9/24. That was the lowest of the 4 weeks in the new marketing year and less than half of the same week last year.
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The quarterly Grain Stocks report from NASS showed September 1 stocks of corn at 2.095 billion bushels. That was well above the 1.551 bbu from last year, and 173 mbu higher vs. the WASDE estimate for 2025/26 US corn ending stocks and 184 mbu above estimates.
Dec 26 Corn is at $4.96 3/4, down 4 cents,
Nearby Cash is at $4.56 3/4, down 2 cents,
Mar 27 Corn is at $5.11 1/4, down 4 1/4 cents,
May 27 Corn is at $5.18 1/2, down 4 3/4 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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