Corn Posts Losses on Thursday

Group 1 - Corn futures closed down 1 to 3 3/4 cents, with the national average Cash Corn price at $3.88 1/4, down 3 1/4 cents [1] - Export sales for 2025/26 corn bookings reached 2.26 MMT, exceeding analysts' estimates and marking an 84.9% increase compared to the same week last year [1] - South Korean importers purchased a total of 329,000 MT of corn, although the origins were not specified [2] Group 2 - The International Grains Council reported a slight increase in world corn production by 1 MMT from the previous month, with stocks also up by 1 MMT [2] - December 25 Corn closed at $4.26 1/2, while March 26 and May 26 Corn closed at $4.37 3/4 and $4.45 1/4 respectively, all down by 3 3/4 cents [2]