Corn futures posted Tuesday positive factors of 1 to 2 ¼ cents on the session. The CmdtyView nationwide common Money Corn value was up 1 ¾ cents at $3.70 1/4.
USDA tallied corn export shipments at 1.129 MMT (44.47 mbu) throughout the week ending on October 9. That was 119.74% above the identical week final yr however down 33.61% from final week. Mexico was the highest vacation spot of 299,156 MT, with 202,680 MT headed to Colombia and 140,416 MT to South Korea. Advertising and marketing yr exports for 2025/26 are actually 7.94 MMT (312.59 mbu) since September 1, which is now 64.97% above the identical interval final yr.
Taiwan tendered for as much as 65,000 MT of corn, with a Wednesday deadline for gives.
CONAB raised their estimate for the 2025/26 Brazilian corn crop by 0.32 MMT to 138.6 MMT of their newest launch this morning. ANEC estimates the October Brazilian corn exports at 6.46 MMT, which was a 0.4 MMT enhance from their estimate final week.
Dec 25 Corn is at $4.13, up 2 1/4 cents,
Close by Money is at $3.70 1/4, up 1 3/4 cents,
Mar 26 Corn is at $4.29 1/4, up 2 cents,
Might 26 Corn is at $4.38, up 1 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 printed on Barchart.com