Group 1 - Corn prices are slightly higher on Thursday morning, with futures closing down by 1.5 cents in the nearby contracts, while new crop contracts gained between 1 to 2.25 cents [1] - The CmdtyView national average Cash Corn price decreased by 1.25 cents to $3.94, while the average close for December futures in February was $4.58, compared to $4.70 last year [1] - Open interest increased by 23,996 contracts on Wednesday, indicating a rise in market activity [1] Group 2 - Export Sales data is expected to show between 0.6-1.1 million metric tons (MMT) of corn sold for the 2025/26 season during the week of February 5, with sales for 2026/27 projected at 0-100,000 MT [2] - The EIA reported a rise in ethanol production by 154,000 barrels per day to 1.11 million barrels per day, with ethanol stocks increasing by 111,000 barrels to 25.247 million barrels [3] - CONAB has reduced its Brazilian corn crop estimate by 0.42 MMT to 138.45 MMT, with a cut of 1.2 MMT in the second crop [3]
Corn Posting Fractional Gains on Thursday
Yahoo Finance·2026-02-12 13:31