Group 1 - Corn futures are experiencing a decline, with contracts down 2 to 3 ¼ cents at midday, and the national average Cash Corn price is down 3 cents to $3.78 1/2 [1] - The average close for December corn futures has been $4.19, with less than 2 weeks remaining for harvest price discovery for crop insurance [1] Group 2 - A South Korean importer has purchased a total of 67,000 MT of corn in a recent tender [2] - Brazil's corn exports for October are estimated at 6.57 MMT, reflecting a 0.11 MMT increase from previous estimates [2] - Datagro projects Brazilian corn ethanol production to grow between 3-3.5 billion liters (792-925 million gallons) in the 2026/27 period, with an expected increase in ethanol imports in 2025/26 [2] - Current corn prices include Dec 25 Corn at $4.20 (down 3 1/4 cents), Nearby Cash at $3.78 1/2 (down 3 cents), Mar 26 Corn at $4.34 1/4 (down 2 3/4 cents), and May 26 Corn at $4.42 1/2 (down 2 3/4 cents) [2]
Corn Falling at Midday
Yahoo Finance·2025-10-21 17:05