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Yahoo
7 hours ago
- Business
- Yahoo
Corn Closes Mixed, with Most Contracts Higher on Monday
Corn futures rounded out the Monday session holding steady from the midday action. Contracts were down ¾ cent for September and 1 to 2 cents higher in other front months. The CmdtyView national average Cash Corn price was down 1 cent at $3.65 3/4. USDA reported a private export sale of 124,000 MT of corn to unknown destinations for new crop shipment this morning. More News from Barchart Coffee Prices Give Up Early Gains on Comments From Brazil's Ag Minister Below-Average Rainfall in Brazil Supports Arabica Coffee Prices Soybeans Are Heating Up. Here's What Could Take Them Much Higher. 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 afternoon's weekly Crop Progress report showed the US corn crop at 97% silking, with 72% in the dough stage, both 1% back of normal. The crop was also listed at 27% dented as of Sunday, with 3% mature. Conditions slipped 1 point this week, to 71% gd/ex and 382 on the Brugler500 index. The annual ProFarmer crop tour started this morning, with early X (formerly Twitter) posts showing mixed yields across the country. Results for Ohio and South Dakota should be announced later this evening. Export Inspections data showed 1.05 MMT (41.36 mbu) of corn shipped in the week that ended on August 14, which was down 30.99% from the week prior and 13.7% below the same week last year. Mexico was the top destination of 376,919 MT, with 173,622 MT to Japan an 132,555 MT to South Korea. Marketing year shipments have totaled 64.22 MMT (2.528 bbu) since September 1, 28.03% larger yr/yr. AgRural estimates the Brazilian second corn crop at 94% harvested in the central south region, with the 2025/25 first crop at 1.6% planted. Sep 25 Corn closed at $3.83, down 3/4 cent, Nearby Cash was $3.65 3/4, down 1 cent, Dec 25 Corn closed at $4.06 1/2, up 1 1/4 cents, Mar 26 Corn closed at $4.24 1/4, up 1 3/4 cents, New Crop Cash was $3.61 3/8, down 0 cent, 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
7 days ago
- Business
- Yahoo
Corn Falling a Midday as USDA Throws Fuel on the Bear's Fire
Corn futures are trading with Tuesday losses of 11 to 12 cents across the front months at midday, following more than 1 billion bushels added to the balance sheet bet the USDA. The CmdtyView national average Cash Corn price was down 12 cents at $3.56 1/2. USDA reported a private export sale this morning of 315,488 MT of corn to Mexico, with 20,830 MT for old crop and 294,658 MT for 2025/26. More News from Barchart Coffee Prices Settle Sharply Higher as Supplies Tighten Grain Traders Await Key USDA Report on August 12. Big US Corn, Soybean Crops Expected. What Game Is Being Played in Grains Early Monday Morning? 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 USDA Crop Production report showed the national corn yield at 188.8 bpa this morning, which was above the trade ideas of 184.3. Production was pegged at 16.742 billion bushels, up 1.037 bbu from last month's WASDE total. Acreage was a big reason as a surprising 2.1 million planted acres were added this month to 97.3 million acres. Via the WASDE, old crop corn stocks were pegged at 1.305 bbu, down 35 mbu from last month, as exports were raised by 70 mby, with corn used in ethanol trimmed back. With the production changes, new crop was up 457 mbu to 2.117 bbu. World stocks for the 2025/26 marketing year were 10.46 MMT higher to 282.54 MMT. Old crop production for Brazil was unchanged at 132 MMT. Crop Progress data 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. Improvement was noted in IN, IA, an MN, all up 2. Deterioration was seen in IL, down 10 points, MI, 19 points lower, with MO falling 7, OH down 8 and ND slipping 9. A South Korean importer purchased a total of 65,000 MT of corn in a tender overnight. ANEC estimates the August corn export total for Brazil at 7.97 MMT, a 0.39 MMT increase from their previous number and would be 1.9 MMT above the same month last year. Sep 25 Corn is at $3.73, down 12 cents, Nearby Cash is at $3.56 1/2, down 12 cents, Dec 25 Corn is at $3.96, down 11 3/4 cents, Mar 26 Corn is at $4.13 1/2, down 11 3/4 cents, New Crop Cash is at $3.53 3/4, down 11 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
Yahoo
08-08-2025
- 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
