Corn export demand keeps futures prices in check

Futures activity Corn futures rallied slightly last week, remaining near around $7 per bushel. S&D and fundamental factors New 2022/23 corn sales were just 7.9 million bushels the week ending Oct. 7, still well below the pace needed to reach the new export target [...]

Corn market surprised by bullish September stocks report

Futures activity After a relatively calm week, corn futures propelled to $7 per bushel during trading on Friday following the release of the September Grain Stocks report. S&D and fundamental factors In the Grain Stocks report, 2021 figures were revised lower, with both planted [...]

Pro Farmer crop tour hints at ominous 2022/23 corn production

Futures activity Bolstered by concerns about the upcoming crop, Sep-22 corn futures on Friday, Aug. 25, ended the week up by more than $0.35 at $6.6875 per bushel. Dec-22 futures closed similarly higher at $6.6475 per bushel. S&D and fundamental factors The Pro Farmer [...]

Corn market quieter last week

Futures activity Sep-22 corn futures ended last week close to where they started, closing at $6.1025 per bushel. Dec-22 futures were up a mere quarter of a cent from the start of last week, closing at an even $6.10 per bushel. S&D and fundamental [...]

Corn futures traded sideways ahead of holiday

Futures activity Spot corn futures closed last week basically unchanged from their close Friday, May 20, at $7.77 per bushel. During the mid-week sell down, prices dipped to $7.65 per bushel before rallying it all back during trading on Friday. S&D and fundamental factors [...]

USDA sees continued corn tightness, supporting futures

Futures activity After a bullish reaction to last Thursday’s USDA report, Jul-22 corn futures settled Friday at $7.81 per bushel. The Dec-22 contract ended the week up $0.38 at $7.4875 per bushel. S&D and fundamental factors U.S. corn was 22 percent planted as of [...]

Chinese purchases of U.S. corn on the rise

Futures activity Corn futures pushed back up last week to above $8 per bushel. Jul-22 futures rose 24 cents per bushel, from $7.89 to $8.13. S&D and fundamental factors Chinese purchases of U.S. corn continue as exports out of Ukraine remain concerning for the [...]

Corn market rises on new-crop supply concerns

Futures activity May-22 corn closed near $7.90 per bushel last Friday, up more than 25 cents from Monday. The Dec-22 harvest contract closed at $7.35 per bushel. The general lack of spread among 2022/23 contracts may be reflecting the market’s uncertainty over corn for [...]

Go to Top