Corn futures closed on Thursday’s session to reduce 2 cents. Front Month CMDTYVIEW National Average Cash corn The price was below $ 1/4 cents $ 3.86 1/4.
Export sales data was released this morning, in which the USDA showed 741,226 meters of the old crop corn sold in the week of June 19 amidst trade ideas between 0.5 and 1.2 mm. It was the lowest since the first week of 2025, but still 36.7% above the same week last year. Columbia was the top buyer of 191,000 Mount, with 178,900 tonnes sold to Japan. The sales for 2025/26 were near the top end of 100,000 and 350,000 MT estimates, which was 305,506 MT, 6-week high. Mexico was a major buyer of 138,500 Mounts, with 124,000 metric tons with unknown destinations.
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The Brazilian corn crop was estimated from 1.3 mm to 134 mm according to Datagro, as the second crop was estimated at 108.5 mm. The Buenos Aires Grain Exchange estimates that Argentina Corn Crop has been harvested by 55%.
The International Grain Council trimmed its world production estimate with consumption of 1 mmt to 1.276 billion mt to 1 mmt. His carryout for World Corn was 2 MMT to 282 MMT.
July 25 Corn Closed at $ 4.09 1/2, 3/4 percent below,
Cash $ 3.86 1/4, below 1 1/4 cents,
September 25 Corn Closed at $ 4.04, 1 percent below,
25 December Corn Closed at $ 4.21, below 1 1/2 cents,
New crop cash $ 3.78, below 1 1/4 cents,
On the date of publication,
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