Corn Prices Surge Ahead of Thursday’s Market Close

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Corn futures increased on Thursday, with contracts rising 5 to 6 cents. The CmdtyView national average cash corn price is now $3.78 1/4, reflecting a gain of 5 ½ cents. S&P Global has revised the US corn yield estimate to 185.5 bushels per acre, down 3.6 bushels from the previous month, predicting production at 16.707 billion bushels.

The December corn closed at $4.21 3/4, up 5 1/4 cents, while March and May 2026 corn closed at $4.38 and $4.47 3/4, respectively. Harvest efforts in the Eastern Corn Belt may face delays next week due to expected light rain across parts of Nebraska, Iowa, and the Dakotas.

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