Corn futures are down 2 to 3 cents on Thursday, with the national average cash corn price at $3.79 ½. A private export sale of 110,000 MT of corn to Mexico was reported by the USDA. The Export Sales report showed 1.23 MMT of 2025/26 corn sold, an improvement from last week.
Brazil’s corn crop for 2025/26 is expected to be 138.28 MMT, down 1.42 MMT from the previous year. Acreage is projected to rise to 22.63 million hectares. Corn prices for Dec 25, Mar 26, and May 26 are down 2 3/4 cents. Austin Schroeder did not have positions in mentioned securities.
Read more at Yahoo Finance: Corn Showing Weakness on Thursday
