Corn futures saw midday gains between 7 to 8.25 cents, while the CmdtyView national average cash price for corn declined by 8.25 cents to $4.83. A private export sale of 100,000 MT of 2026/27 corn to Mexico was reported by the USDA. Upcoming export sales data is anticipated, with estimates of 0.8-1.4 MMT of corn bookings for the week of September 17.
Ethanol production reached 1.028 million barrels per day, a decrease of 71,000 bpd compared to the previous week, as per EIA data. Ethanol stocks decreased by 537,000 barrels to 25.683 million barrels. In other international developments, ANEC projected Brazilian corn exports for September at 5.97 MMT, while Coceral estimated a decrease in the EU and UK corn crop to 48.6 MMT for 2026, down by 4.1 MMT from previous estimates.
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