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Corn Bouncing Higher on Thursday
Yahoo Finance· 2025-12-11 18:23
Group 1 - Corn futures increased by 1 to 2 cents at midday, with December corn deliveries totaling 22 overnight [1] - The national average Cash Corn price rose by 1 3/42 cents, reaching $4.01 3/4 [1] - A private export sale of 186,000 MT of corn was reported by USDA, contributing to a 4-week high of 2.38 MMT sold in the week ending on 11/13, which is 59.3% larger than the same week last year [2] Group 2 - September corn exports reached a record 6.978 MMT, which is 9.09% larger than August and 60.93% larger than the same month last year [3] - The Grain Crushings report indicated that September corn grind was 435.36 million bushels, down 2.66% from last year, while October corn grind increased to 476.4 million bushels, up 2.76% year-over-year [4] - A Taiwan importer purchased 65,000 MT of US corn, and Brazilian corn production was updated to 138.88 MMT, reflecting a slight increase [5]