Crop harvest
Search documents
Corn Heads into the Weekend with Losses
Yahoo Finance· 2025-10-03 22:19
Core Insights - Corn futures experienced a decline of 2 to 3 cents, with December contracts down 3 cents for the week, reflecting a volatile trading session [1] - The national average cash corn price decreased by 2 1/4 cents, settling at $3.76, while the average closing price for the first three days of October was $4.19, which will be used for crop insurance harvest pricing [1][3] - Harvest activities have progressed smoothly, contributing to market pressure, although the upcoming week may see more variable totals [2] Market Data - December corn closed at $4.19, down 2 3/4 cents; nearby cash corn was at $3.76, down 2 1/4 cents; March 2026 corn closed at $4.35 3/4, down 2 1/4 cents; and May 2026 corn closed at $4.45 1/4, down 2 1/2 cents [3] - A Ukrainian farm union, UAC, projects the 2025 corn crop at 29 million metric tons (MMT), indicating a 3 MMT increase from the previous year if realized [3] - Argentina's corn planting is currently estimated at 20%, an increase from 12% the previous week, according to the Buenos Aires Grain Exchange [3]