Corn futures closed lower on Thursday, with contracts down 1 to 3 3/4 cents. Strong export sales data from over a month ago didn’t excite the bulls. The national average Cash Corn price was $3.88 1/4, down 3 1/4 cents. Export Sales for 2025/26 corn bookings were 2.26 MMT, the largest so far.

South Korean importers bought 329,000 MT of corn in tenders. International Grains Council data showed world corn production up 1 MMT from last month, with stocks also up 1 MMT. Dec 25 Corn closed at $4.26 1/2, Nearby Cash was $3.88 1/4, Mar 26 Corn at $4.37 3/4, May 26 Corn at $4.45 1/4.

Read more at Yahoo Finance: Corn Posts Losses on Thursday