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Corn futures have been 2 to three cents greater throughout most contracts on Monday. The CmdtyView nationwide common Money Corn worth was up 2 ¼ cents up to now at $3.89 ¼.
This morning’s Export Inspections report confirmed a complete of 1.425 MT (56.09 mbu) of corn shipped within the week of 11/6. That was 16.77% under the week prior however 76.48% above the identical week final 12 months. Mexico was the most important purchaser of 356,355 MT, with 245,302 MT shipped to Colombia and 169,675 MT to Taiwan. The advertising and marketing 12 months whole is now 13.725 MMT (540.34 mbu) of corn shipped, which is now 65.73% above the identical interval final 12 months.
AgRural estimated the Brazilian first corn crop at 72% planted within the south-center area, in keeping with the identical time final 12 months. Safras estimates the 2025/26 corn crop at 143.56 MMT in Brazil, up 1.1 MMT from their earlier quantity.
Dec 25 Corn closed at $4.29 3/4, up 2 1/2 cents,
Close by Money was $3.89 1/4, up 2 1/4 cents,
Mar 26 Corn closed at $4.44 1/2, up 2 1/2 cents,
Might 26 Corn closed at $4.53 1/2, up 3 cents,
On the date of publication, Austin Schroeder didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All data and knowledge on this article is solely for informational functions. This text was initially revealed on Barchart.com
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