Corn futures acquired a pop popping out of the Easter vacation weekend, with contracts closing 1 ¾ to 2 ½ cents within the inexperienced. The CmdtyView nationwide common Money Corn value was up 1 3/4 cents at $4.14 1/4.
The inaugural Crop Progress report for 2026 confirmed the US corn crop at 3% planted, which was forward of the two% common during the last 5 years. All states reporting progress had been forward of regular.
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Monday morning’s Export Inspections report confirmed 2.002 MMT (78.82 mbu) of corn shipped within the week of 4/2. That was 24.09% above the identical week final yr and 6.50% bigger than the identical week final yr. Mexico was the most important vacation spot of 540,498 MT, with 401,862 MT shipped to Japan and 200,076 MT to Colombia. The advertising yr whole is now 48.47 MMT (1.908 bbu) of corn shipped since September 1, which is 35.82% above the identical interval final yr.
Might 26 Corn closed at $4.54, up 1 3/4 cents,
Close by Money was $4.14 1/4, up 1 3/4 cents,
Jul 26 Corn closed at $4.65 1/4, up 2 cents,
Dec 26 Corn closed at $4.83, up 1 3/4 cents,
New Crop Money was $4.40 3/8, up 2 1/2 cents,
On the date of publication,
Austin Schroeder
didn’t have (both straight or not directly) positions in any of the securities talked about on this article. All data and information on this article is solely for informational functions.
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