Group 1 - Corn futures are holding steady with some contracts fractionally higher, and the national average cash corn price is at $4.09 [1] - Export sales data for the week ending January 1 showed only 377,598 MT of corn sold, which is below the estimated range of 0.7-1.5 MMT for 2025/26 and represents a 15.1% decrease compared to the same week last year [1] - For the 2026/27 marketing year, corn sales were recorded at 11,860 MT, falling within the expectations of 0-100,000 MT [1] Group 2 - Census data revealed a record export of 6.564 MMT of corn in October, which is a 5.93% decrease from September but a 63.38% increase from October 2024 [2] - Distillers exports in October were nearly at last year's record level, totaling 1.067 MMT, while ethanol shipments reached a record pace of 185 million gallons [2] Group 3 - The USDA is set to release data on Monday, with expectations for US corn production to be at 16.553 billion bushels and an estimated yield of 184 bushels per acre according to a Bloomberg survey [3] - Current corn prices include March 26 Corn at $4.46 3/4, Nearby Cash at $4.08, May 26 Corn at $4.54 1/2, and July 26 Corn at $4.60 1/2, with slight increases noted for May and July contracts [3]

Group 1 - Corn prices have increased by 3 to 4 cents on Monday morning, with futures showing fractional losses across most contracts to close out the previous week [1] - The CmdtyView national average Cash Corn price decreased by ¾ cent to $3.99 [1] - The USDA Export Sales report is expected to show corn sales between 1.2-2.4 million metric tons for the week ending on December 4 [1] Group 2 - CFTC data indicates that spec traders in corn futures and options reduced their net long position by 13,552 contracts, resulting in a net long of 9,718 contracts as of the week ending December 9 [2] - Safras has revised the 2025/26 Brazilian corn crop estimate to 142.88 million metric tons, which is a reduction of 0.68 million metric tons from the previous estimate [2] - The second crop of Brazilian corn is estimated at 101.79 million metric tons, while the first crop is pegged at 25.37 million metric tons, both showing reductions [2]

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]

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 experiencing a slight recovery, closing with gains of 5 to 6 cents, supported by significant increases in wheat, soybeans, and crude oil prices [1][2] - The average cash corn price is reported at $3.87 1/4, reflecting a 5-cent increase [1] - The average December corn closing price for October is $4.19, which is 51 cents lower than the February price and slightly above last year's harvest price of $4.17 [1] Market Data - The USDA has delayed the weekly Export Sales report due to a government shutdown, with estimates of corn sales ranging from 0.8 to 2 million metric tons for the week ending October 16 [2] - The International Grains Council indicates that world corn production for 2025/26 remains steady, with consumption increasing by 2 million metric tons and stocks rising by 5 million metric tons to 299 million metric tons, driven by increased stocks for 2024/25 [2] - Specific corn futures prices include December 25 closing at $4.28 (up 5 cents), Nearby Cash at $3.87 1/4 (up 5 cents), March 26 at $4.41 1/4 (up 5 1/2 cents), and May 26 at $4.49 1/4 (up 5 3/4 cents) [2]

Core Insights - Corn futures increased by 2 to 3 cents across most contracts, indicating a firming trend in the market [1] - Export inspections revealed that 1.6 million metric tons (MMT) of corn were shipped in the week ending October 2, marking a 3.94% increase from the previous week and a 68.74% increase year-over-year [1] - The top destinations for corn exports included Mexico (457,117 MT), Japan (231,859 MT), and Spain (207,861 MT) [1] - Total marketing year shipments reached 6.709 MMT, which is 56.06% larger compared to the same period last year [1] Crop Progress and Conditions - The USDA's Crop Progress report was not published due to a government shutdown, but the trade anticipated that corn harvest would be approximately 29% complete as of Sunday, with 65% of the crop rated as good/excellent, a decrease of 1% from the previous week [2] Brazilian Corn Market - AgRural reported that 40% of the Brazilian first corn crop was planted as of Thursday, compared to 37% during the same week last year [3] - Brazilian corn exports in September totaled 7.56 MMT, reflecting a 10.43% increase from August and a 17.77% increase year-over-year [3] - Closing prices for corn futures were as follows: December 25 at $4.21 3/4 (up 2 3/4 cents), March 26 at $4.38 1/4 (up 2 1/2 cents), and May 26 at $4.47 1/4 (up 2 cents) [3]

Core Insights - Corn prices have decreased by 3 to 3.5 cents on Monday morning, with December futures dropping 6 cents last week [1] - The USDA's Export Sales report indicates total corn commitments at 23.833 million metric tons (MMT), representing a 68% increase from the previous year and the second largest for that week on record [3] Price Movements - December corn futures closed at $4.24, down 1/4 cent, while nearby cash corn was at $3.80 1/2, up 1/4 cent [3] - March 2026 corn closed at $4.41 1/4, down 1/4 cent, and May 2026 corn closed at $4.51, down 1/2 cent [3] Market Positioning - The CFTC Commitment of Traders report showed a reduction of 19,878 contracts from the spec fund net short position, bringing it to 80,051 contracts as of September 16th [2] - Commercials increased their net short position by 15,920 contracts, totaling 108,290 contracts by Tuesday [2] Planting Progress - Brazil's first corn crop is reported to be 25% planted in the Center-South region as of last Thursday [3]