Corn prices are down, US crop condition good, export estimates lower, Brazilian production high.

From Yahoo Finance: 2025-07-01 13:06:00

Corn prices are down 1 to 4 cents, with the national average cash corn price at $3.91. US corn crop is 8% silking, with condition ratings at 73% good/excellent. 7-day QPF shows rains in parts of IA, MN, WI. USDA Grain Stocks report shows 4.643 bbu of corn in stocks on June 1.

Ukraine’s ag ministry estimates 2024/25 corn export at 22 MMT, below 29.5 MMT in 2024. StoneX predicts Brazilian corn production at 136.1 MMT. ANEC estimates June Brazil exports at 566,435 MT. Jul 25 Corn at $4.18 1/2, nearby cash at $3.91. Dec 25 Corn at $4.21 3/4.

The quarterly USDA Grain Stocks report showed 4.643 bbu of corn in stocks on June 1. Ukraine’s ag ministry estimates the 2024/25 corn export total at 22 MMT. StoneX estimates Brazilian corn production at 136.1 MMT. Jul 25 Corn is at $4.18 1/2, nearby cash is at $3.91.



Read more at Yahoo Finance: Corn Weakness Extending to Tuesday’s Midday