Corn futures are trading with contracts steady to 1 ¼ cents higher at midday. The CmdtyView national average Cash Corn price is down 3 3/4 cents at $4.04.
USDA reported a private export sale of 101,000 MT of corn to unknown destinations this morning, all for 2026/27.
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USDA’s Export Sales report from Thursday shows accumulated corn sales for 2026/27 (shipped and unshipped) at 24.79 MMT, down 34% from the year prior. That is 30% of the USDA export projection and lags the 5-year average pace by 41%.
The monthly NASS Crop Production report will be released on Tuesday, with traders looking for corn yield to be trimmed by 0.6 bushel per acre, at 180.6 bpa according to a Bloomberg survey. Production is estimated to be cut by 54 million bushels to 15.98 billion bushels. USDA’s WASDE report is expected to show US ending stocks down 3 mbu to 1.846 bbu.
Dec 26 Corn is at $4.41 1/4, up 1 1/4 cents,
Nearby Cash is at $4.05 1/2, up 1 1/4 cents,
Mar 27 Corn is at $4.55, up 1/2 cent,
May 27 Corn is at $4.63 1/4, unch,
Dec 27 Corn is at $4.84, up 1/2 cent,
'27 New Crop Cash is at $4.47 3/4, up 1/2 cent,
On the date of publication, Austin Schroeder did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.