Corn futures had been 2 to three cents increased throughout most contracts on Monday. The CmdtyView nationwide common Money Corn worth was up 2 ¼ cents to this point at $3.89 ¼.
This morning’s Export Inspections report confirmed a complete of 1.425 MT (56.09 mbu) of corn shipped within the week of 11/6. That was 16.77% under the week prior however 76.48% above the identical week final 12 months. Mexico was the biggest purchaser of 356,355 MT, with 245,302 MT shipped to Colombia and 169,675 MT to Taiwan. The advertising 12 months whole is now 13.725 MMT (540.34 mbu) of corn shipped, which is now 65.73% above the identical interval final 12 months.
AgRural estimated the Brazilian first corn crop at 72% planted within the south-center area, in keeping with the identical time final 12 months. Safras estimates the 2025/26 corn crop at 143.56 MMT in Brazil, up 1.1 MMT from their earlier quantity.
Dec 25 Corn closed at $4.29 3/4, up 2 1/2 cents,
Close by Money was $3.89 1/4, up 2 1/4 cents,
Mar 26 Corn closed at $4.44 1/2, up 2 1/2 cents,
Might 26 Corn closed at $4.53 1/2, up 3 cents,
On the date of publication, Austin Schroeder didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
