Latest news with #CornFutures
Yahoo
3 hours ago
- Business
- Yahoo
Corn Holds onto Gains on Monday, as Traders Square-up Ahead of USDA Data
Corn futures posted Monday strength, holding the gains into the close. Contracts were up 2 to 3 cents across most nearbys. The CmdtyView national average Cash Corn price was down 2 1/4 cents at $3.68 1/2. USDA's weekly Crop Progress report showed the US corn crop at 94% silking, with 58% in the dough stage. The crop was also listed at 14% dented as of Sunday. Conditions slipped 1 point this week, to 72% gd/ex and 383 on the Brugler500 index. More News from Barchart What Game Is Being Played in Grains Early Monday Morning? Traders Sold the Rumor. Is It Time to Buy the Facts with Soybean Meal Here? Tightness in Coffee Supplies Underpins Prices Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! This morning's Export Inspections report showed a total of 1.492 MMT (58.74 mbu) of corn shipped in the week of 8/7. That is up 16.13% above previous week and 51.28% larger than the same week in 2024. Mexico was the buyer of 500,209 MT, with 261,366 MT headed to Japan and 198,072 MT to 198,072 MT. Marketing year shipments are now at 63.127 MMT (2.485 bbu), which is 28.98% above the same period last year. Ahead of the USDA Crop Production reports next week, analysts surveyed by Bloomberg shows an average guess of 184.3 bpa for national corn yield with a wide range of 181 to 189. Production is pegged at 15.995 billion bushels, which would be up 290 mbu from last month's WASDE total. Old crop corn stocks are estimated to be projected at 1.325 bbu, down 15 mbu from last month. New crop is expected to be up 240 mbu to 1.9 bbu. APK-Inform estimate the 2025 Ukraine corn crop at 27.5 MMT, up 2.5 MMT from last month with the country's deputy economy minister showing a 2 MMT increase to 28 MMT. AgRural estimates the Brazilian second corn crop at 88% harvested. Sep 25 Corn closed at $3.85, up 2 1/4 cents, Nearby Cash was $3.68 1/2, up 2 1/4 cents, Dec 25 Corn closed at $4.07 3/4, up 2 1/4 cents, Mar 26 Corn closed at $4.25 1/4, up 2 1/4 cents, New Crop Cash was $3.64 1/4, up 2 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
8 hours ago
- Business
- Yahoo
Corn Gains Pushing to Monday's Midday
Corn futures are trading with contracts 3 to 4 cents higher across most contracts on Monday's midday. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.65 1/2. This morning's Export Inspections report showed a total of 1.492 MMT (58.74 mbu) of corn shipped in the week of 8/7. That is up 16.13% above previous week and 51.28% larger than the same week in 2024. Mexico was the buyer of 500,209 MT, with 261,366 MT headed to Japan and 198,072 MT to 198,072 MT. Marketing year shipments are now at 63.127 MMT (2.485 bbu), which is 28.98% above the same period last year. More News from Barchart What Game Is Being Played in Grains Early Monday Morning? Traders Sold the Rumor. Is It Time to Buy the Facts with Soybean Meal Here? Tightness in Coffee Supplies Underpins Prices Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Commitment of Traders data showed speculators trimming 7,435 contracts from their net short position as of August 5 to 173,750 contracts. Commercials added a slight 2,417 contracts to their net short position as of Tuesday to 27,359 contracts. Ahead of the USDA Crop Production reports next week, analysts surveyed by Bloomberg shows an average guess of 184.3 bpa for national corn yield with a wide range of 181 to 189. Production is pegged at 15.995 billion bushels, which would be up 290 mbu from last month's WASDE total. Old crop corn stocks are estimated to be projected at 1.325 bbu, down 15 mbu from last month. New crop is expected to be up 240 mbu to 1.9 bbu. APK-Inform estimate the 2025 Ukraine corn crop at 27.5 MMT, up 2.5 MMT from last month with the country's deputy economy minister showing a 2 MMT increase to 28 MMT. AgRural estimates the Brazilian second corn crop at 88% harvested. Sep 25 Corn is at $3.86 1/2, up 3 3/4 cents, Nearby Cash is at $3.69, up 3 3/4 cents, Dec 25 Corn is at $4.08 1/2, up 3 cents, Mar 26 Corn is at $4.26, up 3 cents, New Crop Cash is at $3.66 1/2, up 3 1/2 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Corn Rounds Out the Week with Losses on Friday
Corn futures gave back into some weakness on Friday, as contracts were down 1 to 2 cents. September was down 6 ¾ cents this week, with December slipping 5 ¼ cents. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.65 1/2. USDA reported a private export sale of 125,000 MT of 2025/26 corn to unknown destinations this morning. More News from Barchart Tighter Supplies and Brazilian Real Weakness Boost Coffee Prices Signs of Tighter Supplies Lift Coffee Prices Market Bottom Alert: Corn Prices Look Set to Gain After August 12 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Commitment of Traders data showed speculators trimming 7,435 contracts from their net short position as of August 5 to 173,750 contracts. Commercials added a slight 2,417 contracts to their net short position as of Tuesday to 27,359 contracts. Ahead of the USDA Crop Production reports next week, analysts surveyed by Bloomberg shows an average guess of 184.3 bpa for national corn yield with a wide range of 181 to 189. Production is pegged at 15.995 billion bushels, which would be up 290 mbu from last month's WASDE total. USDA's Export Sales report from Thursday showed old crop corn commitments now at 70.621 MMT, which is 101% of the WASDE projection and 1 point back of the average pace. Accumulated export shipments are now 62.89 MMT, which is now 90% of the USDA number and lags behind the 93% average pace. Actual Census data is further ahead vs. the FAS data. Sep 25 Corn is at $3.82 3/4, down 1 3/4 cents, Nearby Cash is at $3.65 1/2, down 1 3/4 cents, Dec 25 Corn is at $4.05 1/2, down 1 1/2 cents, Mar 26 Corn is at $4.23, down 1 1/2 cents, New Crop Cash is at $3.62, down 2 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Corn Closes Thursday with Gains as Export Business Gives Bulls a Boost
Corn futures held onto the Thursday gains into the close, after December held the $4 mark on Wednesday. Contracts closed with 4 to 6 cent gains. The CmdtyView national average Cash Corn price was up 4 3/4 cents at $3.67 1/4. USDA reported two separate private export sales of 106,680 MT to Mexico and 105,000 MT to Guatemala, both for 2025/26 shipment. More News from Barchart Coffee Prices Settle Lower on Tariff Woes Tariff Turmoil Weighs on Coffee Prices The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Export Sales data showed 170,428 MT in old crop corn sales, the second lowest for the MY, during the week of July 31. Mexico was the buyer of 208,400 MT, with Colombia buying 148,900 MT, as unknown saw reductions of 491,700 MT which were mostly switched to a destinations. New crop business blew past the expectations, at 3.16 MMT in total. That takes the total sales for 2025/26 to 11.777 MMT, the second highest for the current week on record behind 2021/22 (when China was an active buyer). Unknown was the buyer of 1.28 MMT, with Mexico in for 408,000 MT and South Korea buying 402,000 MT. Sep 25 Corn closed at $3.84 1/2, up 4 3/4 cents, Nearby Cash was $3.67 1/4, up 4 3/4 cents, Dec 25 Corn closed at $4.07, up 5 3/4 cents, Mar 26 Corn closed at $4.24 1/2, up 5 1/4 cents, New Crop Cash was $3.65 3/4, up 5 1/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
4 days ago
- Business
- Yahoo
Corn Popping Higher at Midday, Helped by Better than Expected Export Business
Corn futures are getting some buying on Thursday, after December held the $4 mark on Wednesday. Contracts are up 5 to 6 ¼ cents at midday. The CmdtyView national average Cash Corn price is us 5 3/4 cents at $3.68 1/4. USDA reported two separate private export sales of 106,680 MT to Mexico and 105,000 MT to Guatemala, both for 2025/26 shipment. More News from Barchart Coffee Prices Settle Lower on Tariff Woes Tariff Turmoil Weighs on Coffee Prices The Bullish Cattle Stampede Rumbles On. Here's What to Watch Next After Record Cattle Highs. Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Export Sales data showed 170,428 MT in old crop corn sales, the second lowest for the MY, and below estimates calling for between 200,000 and 400,000 MT during the week of July 31. New crop business blew past the expected 1.3-2.5 MMT, at 3.16 MMT in total. That takes the total sales for 2025/26 to 11.777 MMT, the second highest for the current week on record behind 2021/22 (when China was an active buyer). Brazil exported a total of 2.434 MMT of corn during July, which was a drop of 31.51% from last year's total but well above the June total. A slower second crop harvest and soybeans still taking up a large chunk of the vessel lineup were a factor. Sep 25 Corn is at $3.85 3/4, up 6 cents, Nearby Cash is at $3.68 1/4, up 5 3/4 cents, Dec 25 Corn is at $4.07 1/2, up 6 1/4 cents, Mar 26 Corn is at $4.25 1/4, up 6 cents, New Crop Cash is at $3.66 3/4, up 6 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
