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Corn Slipping Lower on Monday Morning
Yahoo Finance· 2026-03-30 12:35
Price Movement - Corn prices are down 1 to 3 cents early on Monday, with futures closing Friday steady to 5 cents lower, particularly the nearby contracts [1] - The May corn contract closed at $4.62, down 5 cents, while the July and December contracts also saw declines [5] Export Sales - Export sales data indicates old crop corn commitments at 68.875 million metric tons (MMT), representing a 30% improvement from the previous year, which is 82% of the USDA export projection [2] Commitment of Traders - The Commitment of Traders data shows an increase of 55,744 contracts in the managed money net long position in corn futures and options, bringing the total to 284,548 contracts [3] USDA Reports - Ahead of the USDA March Intentions report, traders anticipate 94.37 million acres of corn to be reported, a decline of 4.4 million acres from last year [4] - Grain Stocks data is expected to show 9.104 billion bushels for March 1, an increase of 957 million bushels from the previous year [4] Brazil Crop Update - AgRural reports that Brazil's second crop corn is now 99% planted, with a slight reduction in production estimate by 0.5 MMT to 135.7 MMT [4]
Corn Slipping After President Trump Comments
Yahoo Finance· 2026-03-23 12:36
Group 1: Corn Market Overview - Corn prices have shown volatility, with futures down 1 to 2 cents early on Monday and a decline of 3 ½ to 4 ¼ cents on Friday [1] - The national average Cash Corn price decreased by 4 cents to $4.23 3/4 [1] - The CFTC Commitment of Traders report indicated an increase of 35,533 contracts in the managed money net long position for corn futures, bringing the total to 228,804 contracts [3] Group 2: Export and Production Data - Corn export commitments for the marketing year reached 67.658 million metric tons (MMT), which is 30% larger than the same period last year and represents 81% of the USDA's export target [4] - Shipments totaled 43.46 MMT, accounting for 52% of the USDA's number and exceeding the average pace of 45% [4] - Brazil's AgRural reported that the second corn crop is 97% planted as of last Thursday, compared to last year's completion at this time [4] Group 3: Futures Market Details - May 26 Corn closed at $4.65 1/2, down 4 1/4 cents, with current trading down 2 cents [5] - July 26 Corn closed at $4.76, down 4 cents, and is currently down 2 cents [5] - December 26 Corn closed at $4.90 3/4, down 3 3/4 cents, with a current decline of 1 3/4 cents [5]
Corn Extending Gains to Monday Morning
Yahoo Finance· 2026-03-09 12:37
Group 1: Corn Market Overview - Corn prices increased by 4 to 5 cents on Monday morning, with some contracts showing a decrease of 10 to 12 cents from overnight highs. Futures gained between 3 ¾ to 8 ¼ cents on Friday, with May corn up 12 cents for the week and December up 15 cents. Open interest rose by 38,536 contracts on Friday, indicating new buying activity. The national average cash corn price increased by 6 ½ cents to $4.18 ¼ [1][5]. Group 2: Export Commitments and Sales - Total corn export commitments reached 64.982 million metric tons (MMT), which is 78% of the USDA export projection, aligning with the average sales pace. Actual exports were reported at 40.024 MMT, representing 48% of the USDA's forecast and ahead of the 40% average shipping pace [3]. Group 3: Speculative Positions and Crop Progress - Commitment of Traders data indicated that speculative funds shifted to a net long position in corn futures and options, totaling 52,974 contracts, marking a net increase of 66,841 contracts for the week, the largest net long position since last April. Brazil's AgRural reported that the first corn crop is 42% harvested, trailing behind last year's 54% pace, while the second corn crop is 82% planted, lagging from 92% last year [4].
Corn Slipping to Start Monday
Yahoo Finance· 2026-02-23 13:33
Group 1 - Corn prices have seen a slight decrease of 1.5 cents on Monday morning, with futures having increased by 1 to 4 cents on Friday, despite March futures dropping by 4.25 cents last week. Support from wheat gains contributed to this price action [1] - The national average cash corn price rose by 1.75 cents to $3.94 1/4, while the average December corn close for price discovery is $4.60, which is down by 10 cents compared to the same period last year [1] - Export sales data indicates strong performance, with old crop corn sales at 1.47 million metric tons (MMT) for the week of February 12, which is a 1.1% increase from the same week last year, despite a decrease from the previous week [2] Group 2 - Commitment of Traders data revealed a reduction of 20,795 contracts from the spec fund net long position for the week of February 17, resulting in a net short position of 27,415 contracts [3] - South Korean importers purchased a total of 130,000 metric tons in a tender, with expectations that at least half will be sourced from the US [3] - Brazil's first corn crop is reported to be 28% harvested, which is behind the average pace of 37%, while the second crop is 50% planted, lagging the average pace of 64% [4]
Corn Steady at Midday
Yahoo Finance· 2026-02-13 18:20
Group 1 - Corn futures are experiencing steady to slightly higher trading, with the CmdtyView national average Cash Corn price increasing by 0.5 cents to $3.98 [1] - Export Sales data indicates corn commitments of shipped and unshipped sales at 60.805 million metric tons (MMT), representing a 31% increase from the previous year, which accounts for 73% of the USDA's full-year export projection [1] Group 2 - The Buenos Aires Grains Exchange reports that the Argentina corn crop is rated at 43% good/excellent, reflecting a 1% decrease from the previous week [2] - Current corn prices for various futures are as follows: Mar 26 Corn at $4.31 1/2 (up 0.25 cents), Nearby Cash at $3.98 (up 0.5 cents), May 26 Corn at $4.41 3/4 (unchanged), and Jul 26 Corn at $4.49 3/4 (unchanged) [2]
Corn Slipping Back Lower Early on Monday
Yahoo Finance· 2026-01-26 13:32
Group 1 - Corn prices experienced a slight decline of 1 to 2 ½ cents on Monday morning, following a previous week where futures gained 5 to 6 ½ cents, resulting in a weekly increase of 5 ¾ cents [1] - The CmdtyView national average cash corn price rose by 6 ¾ cents to $3.93 ½ [1] - USDA's Export Sales report indicated that corn bookings reached 4.01 MMT for the week of January 15, marking the largest sales since March 2021 and more than double the same week last year [2] Group 2 - The largest buyer of corn was categorized as unknown destinations at 1.242 MMT, with significant purchases also made by Japan (836,700 MT), South Korea (751,500 MT), and Mexico (422,600 MT) [2] - Managed money reduced their net short position in corn futures and options by 450 contracts, bringing the total net short to 81,324 contracts as of January 20 [3] - AgRural reported that Brazil's first corn crop is 5% harvested, ahead of last year's 2.2% pace, and raised the country's corn crop estimate by 0.6 MMT to 136.6 MMT [4]
Corn Rally into the Long Weekend
Yahoo Finance· 2026-01-16 22:53
Market Performance - Corn futures closed higher on Friday, with contracts increasing by 4 to 5 cents in the front months, recovering some early week losses. However, March futures were down 21 cents for the week, representing a 4.71% loss. The national average cash corn price rose by 6 cents to $3.89 1/2 [1] - The markets will be closed on Monday for the Martin Luther King Jr. Day holiday and will reopen Monday evening [1] Managed Money Position - CFTC data indicated that managed money in corn futures and options increased their net short position by 65,348 contracts as of January 13, bringing the total net short to 81,774 contracts. This increase was primarily due to new short interest, the highest since October, while long positions reached their lowest since November [2] Export Sales - The USDA reported private export sales of 298,000 MT of corn to unknown destinations, including 120,000 MT for Japan. The total flash sales for the week now stand at 1.83 MMT [3] - As of January 8, USDA Export Sales data showed 52.035 MMT of corn commitments, which is 29% higher than the same week last year. This figure represents 64% of USDA's forecast and is ahead of the 62% average sales pace. Actual shipments amounted to 28.97 MMT, which is 36% of USDA's projection compared to a 26% average shipping pace [4]
Corn Starting Tuesday with Weakness
Yahoo Finance· 2025-12-16 13:29
Price Movement - Corn prices are down 1 to 1 ½ cents on Tuesday morning, with futures showing weakness on Monday, down 1 to 2 cents in nearby contracts [1] - The CmdtyView national average Cash Corn price decreased by 1 cent to $3.95 [1] Export Data - USDA reported corn export shipments at 1.589 million metric tons (MMT) during the week ending December 11, which is 9.07% lower than the previous week but 37.25% higher than the same week in 2024 [2] - Mexico was the leading destination for corn exports, receiving 488,231 MT, followed by Japan with 301,240 MT and Spain with 219,729 MT [2] - For the marketing year 2025/26, total corn exports since September 1 reached 22.501 MMT (885.84 million bushels), representing a 68.74% increase compared to the same period last year [2] Market Activity - Export Sales data indicated a total of 1.84 MMT of corn booked in the week of November 20, which is a decrease from the previous week but still 73.4% larger than the same week last year [3] - Managed money shifted back to a net short position of 10,872 contracts in the week ending November 25, reflecting a move of 48,999 contracts to the short side [3] - Closing prices for corn futures on March 26 were $4.39 3/4, down 1 cent; May 26 closed at $4.47 3/4, down 1 1/4 cents; and July 26 closed at $4.53 3/4, down 1 1/4 cents [3]
Corn Easing Lower on Friday
Yahoo Finance· 2025-12-12 18:15
Group 1 - Corn futures are down 4 to 5 cents in the front months, with December futures expiring today and 6 deliveries issued overnight [1] - The CmdtyView national average Cash Corn price is down 4 3/4 cents at $3.97 3/4 [1] - USDA reported private export sales of 250,000 MT of corn during the reporting period to unknown destinations [1] Group 2 - Export Sales data will be updated on Monday, with expectations for 1.1-2.2 MMT in corn sales during the week ending on November 20 [2] - December 25 Corn is priced at $4.32 1/2, down 2 3/4 cents, while Nearby Cash is at $3.97 3/4, down 4 3/4 cents [2] - March 26 Corn is at $4.41 3/4, down 4 3/4 cents, and May 26 Corn is at $4.49 3/4, down 4 1/2 cents [2]
Corn Starting Friday with Slight Losses
Yahoo Finance· 2025-12-12 13:39
Price Movement - Corn prices are down 1 to 2 cents in the front months on Friday morning, following a higher trading session on Thursday where contracts increased by up to 2.5 cents in nearby contracts [1] - December futures are set to expire today, with 6 deliveries issued overnight [1] Export Sales - Export sales data indicates a 4-week high of 2.38 million metric tons (MMT) of corn sold for the week ending on November 13, which is 59.3% larger than the same week last year [2] - Total export sale commitments reached 40.7 MMT (1.6 billion bushels), marking a 29.7% increase compared to the same November week last year, reflecting a record buying pace [2] Export Data - Delayed Census data revealed that September corn exports hit a record 6.978 MMT (274.7 million bushels), which is 9.09% larger than August and 60.93% larger than the same month last year [3] - Distiller exports were reported at 1.059 MMT, which is 1.47% above last year, while ethanol shipments totaled 148.4 million gallons during September [3] Futures Prices - As of the latest data, December 25 Corn closed at $4.35 1/4, up 0.5 cents, while March 26 Corn closed at $4.46 1/2, up 2.25 cents [3] - Nearby cash corn price was reported at $4.01 1/2, up 2.5 cents, and May 26 Corn closed at $4.54 1/4, up 2.5 cents [3]