The corn market closed out the Monday session with entrance months fractionally decrease and contracts for September ’26 and past up ¾ to 1 ¾ cents. The CmdtyView nationwide common Money Corn worth was regular at $3.78 ¼ on Monday.
The USDA reported personal gross sales of 135,660 MT of corn to Mexico for 2025/26, with 110,668 MT of corn offered to unknown locations.
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Crop Progress knowledge from Monday afternoon confirmed a complete of 95% of the US corn crop listed as dented and 71% mature. Harvest progressed to 18%, which continues to be shy of the 19% common tempo. Situation rankings had been left unchanged this week at 66% gd/ex, with the Brugler500 index regular at 370.
This morning’s Export Inspections report confirmed a complete of 1.527 MMT (60.12 mbu) of corn shipped within the week of 9/25. That was 10.19% above the week prior and 32.85% bigger than similar week final 12 months. Mexico was the biggest purchaser of 663,960 MT, with 251,883 MT shipped to Japan and 191,564 MT to Sough Korea. The advertising and marketing 12 months complete is now at 5.097 MMT (200.65 mbu) shipped, which is 52.11% above the identical interval final 12 months.
Heading into the September 30 Grain Shares report on Tuesday, analysts surveyed by Bloomberg are on the lookout for USDA to point out 1.336 bbu of corn available as of September 1. The vary of estimates is 1.26 to 1.45 bbu.
Brazil’s first corn crop within the center-south area is pegged at 32% planted as of Thursday based on AgRural. Final 12 months on that date was 30% planted.
Dec 25 Corn closed at $4.21 1/2, down 1/2 cent,
Close by Money was $3.78 1/4, unch,
Mar 26 Corn closed at $4.38 1/2, down 1/4 cent,
Could 26 Corn closed at $4.47 3/4, down 1/4 cent,
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 info and knowledge on this article is solely for informational functions.
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