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]

Group 1 - Corn prices have decreased by 2 to 2.5 cents on Wednesday morning, following a previous day where futures gained 2 to 3 cents in most contracts [1] - The CmdtyView national average Cash Corn price increased by 3 cents to $4.24, while nearby cash prices rose to $4.20, also up by 3 cents [1][3] - Ukraine's corn production is estimated at 31-32 million metric tons (MMT), slightly higher than last year's estimate of 31 MMT [3] Group 2 - The EIA data is expected to show steady to slightly higher ethanol production for the week ending March 20 [2] - Open interest in corn futures decreased by 5,449 contracts on Tuesday, primarily in the May contract, which saw a drop of 9,034 contracts [1] - New crop December contracts saw an increase of 3,509 contracts in open interest [1]

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]

Group 1: Corn Market Overview - Corn prices increased by 6 to 7 cents in early Wednesday trade, following a Tuesday session where futures closed with losses of 1 to 3 cents across most contracts [1] - The CmdtyView national average cash corn price decreased by 1.25 cents to $4.09 3/4 [1] - March corn futures closed at $4.36 1/4, down 1.25 cents, while May and July futures showed slight increases of 6.25 cents and 6.75 cents respectively [5] Group 2: Deliveries and Open Interest - There were 553 deliveries against March corn overnight, indicating ongoing trading activity [1] - Preliminary open interest fell by 12,010 contracts on Tuesday, suggesting a reduction in market participation [1] Group 3: EIA and WASDE Reports - The EIA report is anticipated to show a rebound in ethanol production compared to the previous week [2] - The USDA's monthly WASDE report indicated no changes to the US balance sheet, maintaining carryout at 2.127 billion bushels [3] Group 4: Global Production and Stocks - The World Ag Outlook Board reported mixed changes in South American production, with Argentina's output lowered by 1 million metric tons (MMT) to 52 MMT and Brazil's output raised by 1 MMT to 132 MMT [4] - Global ending stocks increased by 3.76 MMT to 292.75 MMT, influenced by a rise in old crop Brazilian stocks by 0.78 MMT and a decrease in demand for the current marketing year by 0.5 MMT [4] - Ukraine's output was raised by 1.7 MMT, with stocks increasing by 1.3 MMT [4]

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].

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]

Price Movement - Corn prices increased by 1 to 2 cents in the front months on Tuesday morning, following a Monday session where futures settled down by 1 to 2 cents [1] - The CmdtyView national average Cash Corn price decreased by 1.5 cents to $3.95 1/4 [1] Export Data - Export inspections data indicated corn shipments of 1.308 million metric tons (MMT) for the week ending February 5, marking a 14.01% increase from the previous week but a 4.19% decrease compared to the same week last year [2] - Mexico was the leading destination for corn exports, receiving 476,628 MT, followed by Japan with 187,063 MT and Colombia with 135,816 MT [2] - Total marketing year shipments reached 33.93 MMT (1.336 billion bushels), reflecting a year-over-year increase of 46.72% [2] USDA Report Expectations - The USDA's WASDE report is anticipated to be released, with traders expecting no significant changes to the US ending stocks number, estimated at 2.215 billion bushels according to a Bloomberg survey [3] - Global corn production estimates are expected to be updated, with Brazil's corn production projected to rise by 1.3 MMT to 132.3 MMT [3]

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]

Price Movement - Corn prices increased by 2 to 3.5 cents in the front months on Wednesday, following fractional to penny losses in nearby contracts on Tuesday [1] - The CmdtyView national average Cash Corn price decreased by 1.25 cents, settling at $3.86 [1] Export Data - Export Inspections data indicated that corn shipments totaled 1.484 million metric tons (MMT) or 58.4 million bushels (mbu) for the week ending January 15, reflecting a decrease of 1.35% from the previous week and 3.81% year-over-year [2] - Mexico was the leading destination for corn exports, receiving 401,809 MT, followed by Colombia with 252,324 MT and Japan with 243,588 MT [2] - Cumulative marketing year shipments reached 29.92 MMT (1.178 billion bushels), representing a year-over-year increase of 55.46% [2] Additional Market Activity - A Taiwan importer acquired 65,000 MT of US corn in a recent tender [3] - ANEC projected Brazilian corn exports for January at 3.45 MMT, marking an increase of 0.18 MMT from the previous week [3] - Closing prices for various corn futures on March 26 showed slight declines, with May 26 Corn at $4.31 1/4 and July 26 Corn at $4.37 3/4, both down marginally [3]

Price Movement - Corn prices are down 1 to 2 cents on Tuesday after a long weekend, with futures closing the previous Friday session 4 to 5 cents higher in the front months, recovering some early week losses [1] - The CmdtyView national average Cash Corn price increased by 6 cents to $3.89 1/2 [1] Futures and Options Data - CFTC data indicates that managed money in corn futures and options added 65,348 contracts to their net short position as of January 13, bringing the total net short to 81,774 contracts, marking the largest new short interest since October [2] - Long positions have decreased to their smallest level since November [2] Export and Shipment Data - USDA Export Sales data as of January 8 shows 52.035 million metric tons (MMT) of corn commitments, which is 29% higher than the same week last year, representing 64% of USDA's forecast and ahead of the 62% average sales pace [3] - Actual shipment data from FAS indicates 28.97 MMT, which is 36% of USDA's projection compared to a 26% average shipping pace [3] Brazilian Corn Crop - AgRural estimates that the first Brazilian corn crop is 1.6% harvested as of last Thursday, while the second corn crop is pegged at 1.1% planted [3] Market Closing Prices - March 26 Corn closed at $4.24 3/4, up 4 1/2 cents, but is currently down 2 cents; Nearby Cash was $3.87 0/1, up 4 3/4 cents [4] - May 26 Corn closed at $4.32, up 4 1/4 cents, currently down 1 3/4 cents; July 26 Corn closed at $4.38, up 4 cents, currently down 1 1/2 cents [4]