Corn futures are down 4 to 5 cents in the front months on Friday. December futures expire today, with 6 deliveries issued overnight. The CmdtyView national average Cash Corn price is down 4 3/4 cents at $3.97 3/4. USDA reported private export sales of 250,000 MT of corn during the reporting period to unknown destinations this morning. More News from Barchart Export Sales data will get another catchup on Monday, with traders looking for 1.1-2.2 MMT in corn sales during the week ending on 11/20. Dec 25 ...

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]