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Corn futures closed the Thursday session with contracts down 1 to 2 cents within the entrance months. The CmdtyView nationwide common Money Corn worth was down 1 ½ cents at $3.82 1/2.
USDA reported a pair non-public export gross sales of 500,302 MT of corn throughout the reporting interval to unknown locations, with 260,000 MT throughout the reporting interval for Japan.
USDA Export Gross sales knowledge from this morning confirmed a complete of 1.14 MMT of 2025/26 corn bought within the ending on January 8. That was greater than triple the gross sales from the week prior, a 3-week larger, and 11.3% above the identical week final yr. Mexico was the highest purchaser of 265,800 MT, with 210,800 MT bought to Japan and 133,400 MT to Taiwan. One other 1,270 MT was bought for 2026/27.
CONAB launched their January report this morning, displaying projected 2025/26 Brazilian corn manufacturing at 138.87 MMT, regular in comparison with the 138.88 MMT in December.
Mar 26 Corn closed at $4.20 1/4, down 1 3/4 cents,
Close by Money was $3.82 1/2, down 1 1/2 cents,
Could 26 Corn closed at $4.27 3/4, down 2 cents,
Jul 26 Corn closed at $4.34, down 2 cents,
On the date of publication, Austin Schroeder didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All info and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
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