Corn Weakness Extends to Thursday
Yahoo Finance·2025-09-18 22:13

Group 1 - Corn futures experienced a decline, closing with losses of 2 to 3 cents, with the CmdtyView national average Cash Corn price down 3 cents to $3.79 ¼ [1] - A private export sale of 110,000 MT of corn to Mexico for the 2025/26 shipment was reported by the USDA [1] - The USDA's Export Sales report indicated a total of 1.23 MMT of corn sold for the 2025/26 period in the week ending on 9/11, which is 45.4% higher than the same week last year [2] Group 2 - Brazil's corn crop for 2025/26 is estimated at 138.28 MMT, a decrease of 1.42 MMT from the previous marketing year, while acreage is expected to increase by 770,000 hectares to 22.63 million hectares [3] - Specific corn futures prices include Dec 25 Corn at $4.23 3/4, Mar 26 Corn at $4.41 1/2, and May 26 Corn at $4.51 1/2, all showing a decline of 2 to 3 cents [3]