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Corn futures posted 2 to 4 cent features throughout most contracts on Monday, shrugging off early weak spot to begin the week. The CmdtyView nationwide common Money Corn value was up 3 1/4 cents to $3.95 3/4.
USDA tallied corn export shipments at 1.669 MT (65.7 mbu) throughout the week ending on October 30. That was 34.31% above the week prior and greater than double the identical week final yr. Mexico was the highest vacation spot of 512,336 MT, with 282,975 MT headed to South Korea and 208,955 MT to Japan. Advertising and marketing yr exports for 2025/26 are actually 12.257 MMT (482.54 mbu) since September 1, which is now 63.99% above the identical interval final yr.
StoneX estimates the 2025 US corn yield at 186 bpa, a rise from the 185.9 bpa final month. The NASS Crop Manufacturing report is predicted this month regardless of the federal government shutdown, with the dates pushed again to November 14.
Brazil’s AgRural estimates the primary corn crop is 60% planed as of Thursday, now simply 1 share level forward of final yr.
Dec 25 Corn closed at $4.34 1/4, up 2 3/4 cents,
Close by Money was $3.95 3/4, up 3 1/4 cents,
Mar 26 Corn closed at $4.46 3/4, up 2 3/4 cents,
Might 26 Corn closed at $4.55 3/4, up 3 1/2 cents,
On the date of publication, Austin Schroeder didn’t have (both instantly or not directly) positions in any of the securities talked about on this article. All info and information on this article is solely for informational functions. This text was initially revealed on Barchart.com
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