Corn futures returned to some weakness on Friday, as the contracts were below 1 to 2 cents. September was 6 ENTS Saint below this week, with 5 The Saint Slipping in December. CMDTYVIEW National Average Cash Corn was priced at 1 3/4 St. $ 3.65 1/2.
The USDA reported private export sales of 125,000 metric tonnes of 2025/26 corn to unknown destinations this morning.
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The traders’ commitment to the data from August 5 showed the bookies, trimming 7,435 contracts from their net short status as 173,750 contracts from August 5. The advertisements on Tuesday added a little 2,417 contracts in their net short position as 27,359 contracts.
Next week, beyond the USDA crop production reports, analysts surveyed by Bloomberg showed an average estimates of 184.3 BPA for national corn yield with a wide range of 181 to 189. Production is judged on 15.995 billion Buchels, which will be from last month’s Wasde to 290 MBUs.
From Thursday, USDA’s export sales report now shown the commitments of old crop corn on 70.621 MMT, which is 101% of Wasy Launch and 1 point behind the average speed. The accumulated export shipment is now 62.89 mmt, which is now 90% of the USDA number and behind 93% average speed. The actual census data is further vs. FAS data vs.
September 25 Corn $ 3.82 is at 3/4, below 1 3/4 cents,
Cash $ 3.65 1/2, below 1 3/4 cents,
25 December Corn $ 4.05 1/2, below 1 1/2 cents,
March 26 corn $ 4.23, below 1 1/2 cents,
New crop cash $ 3.62 is at 2 3/4 cents below,
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