Corn futures posted Thursday good points of three to five ½ cents throughout most contracts on the day, getting spillover assist from wheat and soybeans. The CmdtyView nationwide common Money Corn worth was up 3 3/4 cents at $3.98 3/4.
Export Gross sales information from this morning confirmed a complete of two.07 MMT of corn offered within the week of February 5. That was almost double the pervious week and 25.5% bigger than the identical week final 12 months. The most important purchaser was Japan at 616,600 MT, with 336,800 MT offered to South Korea and 274,900MT to Colombia. Gross sales for 2026/27 had been 60,000 MT that week.
CONAB trimmed their Brazilian corn crop estimate by 0.42 MMT to 138.45 MMT this morning, because the second crop was reduce by 1.2 MMT. The Buenos Aires Grains Alternate estimates the Argentina corn crop at 43% good/glorious, down 1% from final week.
Mar 26 Corn closed at $4.31 1/4, up 3 3/4 cents,
Close by Money was $3.98 3/4, up 3 3/4 cents,
Might 26 Corn closed at $4.41 3/4, up 5 1/4 cents,
Jul 26 Corn closed at $4.49 3/4, up 5 1/2 cents,
On the date of publication, Austin Schroeder didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions. This text was initially revealed on Barchart.com