Corn prices are experiencing gains of 13 to 16 cents as of Monday morning, despite a decline of 7 to 11 ¾ cents in futures on Friday, closing the month with losses of 15 ½ cents for July. The CmdtyView national average cash corn price has dropped by 11 cents, now at $4.16 ¾. Open interest fell by 13,481 contracts last week, indicating some long positions were liquidated.
The White House announced on Sunday that China will commit to purchasing at least $17 billion annually of U.S. agricultural products from 2026 to 2028, alongside prior soybean purchase commitments made in October 2025. Meanwhile, total U.S. corn export commitments stood at 77.748 million metric tons as of May 7, a 25% year-over-year increase and 93% of the USDA’s forecast, despite a slowdown in the pace of sales.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
