Corn futures are experiencing a modest increase, with contracts rising by 3 to 6 cents following a favorable Grain Stocks report on July 26. The national average cash corn price is up 5.5 cents, now at $3.81 ½. The U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) reported that corn acreage is at 95.343 million acres, slightly above the March intentions report and estimates.
Grain Stocks data as of June 1 indicated a total of 5.295 billion bushels, which is 120 million bushels lower than estimates. The Crop Progress report revealed that 9% of the U.S. corn crop was silking as of June 28, exceeding the five-year average by 3 percentage points. Overall, 67% of the corn crop is rated in good to excellent condition, a slight decline from the previous week. In Canada, corn acreage for 2026 is projected at 3.963 million acres, reflecting a 4.8% year-over-year increase.
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