Corn price action is fractionally higher on Thursday morning. Futures closed the midweek session with contracts down fractionally to 1 ½ cents in the nearbys. New crop contracts saw 1 to 2 ¼ cent gains. Open interest was up 23,996 contracts on Wednesday. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $3.94. The average close for December futures in February has been $4.58, as the base spring price for crop insurance is underway. Last year it was $4.70. More News from Barchart Ex ...

Corn price action is fractionally to 1 ¼ cents in the red so far on Wednesday morning. Futures posted steady to penny higher trade across the front months on Tuesday. Open interest was up 3,523 contracts. The CmdtyView national average Cash Corn price was steady at $3.95 1/4. The average close for December futures in February has been $4.58, as the base spring price for crop insurance is underway. The monthly WASDE update from the USDA showed the US ending stocks cut by 100 mbu, with carryout projected ...

Group 1 - Corn prices are showing steady movement, with futures gaining between 2 to 4.5 cents recently, and the national average cash corn price rising by 4 cents to $3.96 3/4 [1] - Demand for corn remains strong, driven by record ethanol production and exports, with preliminary open interest increasing by 2,852 contracts [1] - Brazil's corn exports for December are estimated at 6.35 million metric tons (MMT), reflecting a slight increase of 0.05 MMT from the previous week [3] Group 2 - The EIA reported a record ethanol corn grind for the week ending December 12, increasing by 26,000 barrels per day to 1.131 million barrels per day, while ethanol stocks decreased by 157,000 barrels to 22.353 million barrels [2] - Ethanol exports rose by 66,000 barrels per day to 191,000 barrels per day, with refiner inputs increasing by 55,000 barrels per day to 906,000 barrels per day [2] - Commitment of Traders data indicates that spec funds added 34,142 contracts to the long side, flipping their net position to long in corn futures and options, totaling 23,270 contracts [3]

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]

Market Overview - Corn prices are showing fractional losses on Wednesday morning after gaining 2 to 3 cents on Tuesday across most contracts [1] - The CmdtyView national average Cash Corn price increased by 2 3/4 cents to $3.92 3/4 [1] Open Interest - Preliminary open interest data indicates a decrease of 44,027 contracts in December, while the rest of the board saw an increase of 16,270 contracts [1] USDA Crop Production Report - Analysts expect a drop in corn yield by 2.7 bushels per acre (bpa) to 184 bpa, with production projected at 16.557 billion bushels (bbu), reflecting a decrease of 257 million bushels (mbu) from the September report [2] Brazilian Corn Exports - ANEC estimates Brazilian corn exports for November at 6.04 million metric tons (MMT), which is an increase of 0.47 MMT from previous estimates [3]

Core Insights - Corn prices experienced a slight decline of 1 to 2 cents across front months, with futures showing higher trade at Monday's close [1] - The Export Inspections report indicated a total of 1.317 MMT of corn shipped in the week of 10/16, marking an 8.9% increase from the previous week and a 31.62% increase from the same week last year [2] - Mexico emerged as the largest buyer of U.S. corn, purchasing 443,141 MT, followed by Japan and Spain [2] Price and Market Data - The CmdtyView national average Cash Corn price rose by 1 cent to $3.81 1/2 [1] - December corn futures closed at $4.23 1/4, up 3/4 cent, while March and May futures closed at $4.37 and $4.45 1/4 respectively, showing slight increases [3] - The marketing year total for corn shipments reached 9.338 MMT, which is 60.61% higher than the same period last year [2] Trade and International Relations - President Trump's threat to cut aid and increase tariffs on Colombia could impact corn exports, as Colombia is a top buyer of U.S. corn [3] - A South Korean importer purchased 67,000 MT of corn in a recent tender, indicating ongoing international demand [3]

Core Insights - Corn prices have decreased by 2 to 2 ½ cents early on Monday, with futures showing losses of 3 to 4 cents across the front months on Friday, and December corn slipping back 2 cents last week [1] - Managed money has added back 14,624 contracts to their net short position in corn futures and options, resulting in a net position of -94,675 contracts, primarily due to long liquidation [2] - Corn export sale commitments reached a record 25.757 million metric tons (MMT), which is 75% higher than the same week last year, representing 34% of the USDA export projection [3] Price Movements - December corn closed at $4.22, down 3 ¾ cents, while the nearby cash price was $3.78, also down 3 ¾ cents [4] - March 2026 corn closed at $4.38 ¾, down 3 ½ cents, and May 2026 corn closed at $4.48, down 3 ¼ cents [4] Planting Progress - Brazil's first corn crop in the center-south region is reported to be 32% planted as of Thursday [4] Inventory Expectations - Analysts expect the USDA to report 1.336 billion bushels (bbu) of corn on hand as of September 1, with estimates ranging from 1.26 to 1.45 bbu [3]