Group 1 - Corn futures closed with contracts down 1 to 2 cents in the front months, with the national average Cash Corn price reported at $3.82 1/2, down 1 ½ cents [1] - USDA reported private export sales of 500,302 MT of corn during the reporting period, including 260,000 MT sold to Japan [1] - USDA Export Sales data indicated a total of 1.14 MMT of 2025/26 corn sold by January 8, which is more than triple the sales from the previous week and 11.3% above the same week last year [2] Group 2 - CONAB's January report projected Brazilian corn production for 2025/26 at 138.87 MMT, showing stability compared to the previous month's estimate of 138.88 MMT [3] - Specific corn futures prices included Mar 26 Corn at $4.20 1/4 (down 1 3/4 cents), May 26 Corn at $4.27 3/4 (down 2 cents), and Jul 26 Corn at $4.34 (down 2 cents) [3]
Corn Closes with Losses Despite Export Business
Yahoo Finance·2026-01-15 23:02