Group 1 - Corn futures have decreased by 6 to 7 cents in the nearby contracts, with the CmdtyView national average cash corn price down by 6 1/4 cents to $3.89 3/4 [1][2] - Analysts estimate that US exporters sold between 0.8 to 2 million metric tons (MMT) of corn in the week ending October 30 [2] - Brazil's corn exports for November are projected to reach 5.57 MMT, an increase from 4.92 MMT in the previous year, with October exports reported at 6.5 MMT, slightly up from 6.4 MMT last year [2] Group 2 - December 25 corn futures are priced at $4.29, down 6 1/4 cents, while March 2026 corn is at $4.43 1/2, down 6 cents, and May 2026 corn is at $4.52, down 6 1/4 cents [2]

Core Insights - Corn futures are currently trading lower, with contracts down by 2 to 3 cents, and the national average cash corn price is reported at $3.79 ½, down by 2 3/4 cents [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 September 11, which is 45.4% higher than the same week last year [2] Market Data - 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] - Current corn prices include Dec 25 Corn at $4.24, Nearby Cash at $3.79 ½, Mar 26 Corn at $4.41 3/4, and May 26 Corn at $4.51 3/4, all showing a decline of 2 to 2 3/4 cents [3]