Corn futures showed mixed results on Thursday, with front months increasing by ¼ to 4 cents while deferreds decreased by up to 2 ¾ cents. The CmdtyView national average Cash Corn price rose by ¼ cent to $3.93 ¾. The market will observe the July 4th Independence Day Holiday, resuming normal operations on Sunday night.
Export Sales data indicated a total of 732,070 metric tons (MT) of old crop corn sales for the week ending June 25, marking a slight decrease from the previous week but a 37.4% increase from the same week last year. Mexico was the largest buyer at 261,000 MT, followed by Colombia (201,100 MT) and Portugal (169,200 MT). New crop sales totaled 767,756 MT, an 18.3% decline year-over-year, primarily driven by Mexico’s purchase of 272,700 MT. Total accumulated sales for the 2026/27 season now stand at 6.147 million MT, up 35.6% from last year.
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