Corn Shut Combined on Thursday

Corn futures noticed fractional to 1 ¼ cent losses on Thursday, with deferreds barely increased.  The CmdtyView nationwide common Money Corn worth is up ½ cent to $3.94 1/2.

EIA knowledge from this morning confirmed ethanol manufacturing within the week ending on 2/13 at 1.118 million barrels per day, up 8,000 bpd from the week prior. Shares rose 341,000 barrels to 25.588 million barrels.

Export Gross sales knowledge might be launched on Friday morning with merchants searching for between 0.6 and a couple of.2 MMT of corn bought within the week ending on 2/12.

USDA’s armchair estimate for the US corn steadiness sheet was launched by way of this morning’s Ag Outlook Discussion board. Acreage was estimated at 94 million acres, a drop of 4.8 million acres if realized this spring and under estimates. Corn manufacturing was estimated to complete 15.755 bbu, with pattern yield pegged at 183 bpa.

Worldwide Grains Council knowledge confirmed corn shares unchanged at 305 MMT for 2025/26, as consumption was up 1 MMT.

Mar 26 Corn  closed at $4.25 3/4, down 1 1/4 cents,

Close by Money  was $3.92 1/2, down 1 1/4 cents,

Might 26 Corn  closed at $4.36 1/4, down 1/2 cent,

Jul 26 Corn  closed at $4.44 1/2, down 1/4 cent,

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 data and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com