Corn futures edge lower despite strong export sales, indicating price weakness.
Impact on assets 1
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⛏Corn Futures
CORN
▼ NegativeDemandrelevance
Corn futures are trading fractionally lower at midday on Thursday, ignoring early spillover support from wheat. The CmdtyView national average Cash Corn price is down half a cent at $4.18 1/4. Export sales data for the week of July 23 showed 362,916 metric tons in 2025/26 corn sales, a three-week high and 6.5 percent above the same week last year, within trade expectations of 300,000 to 600,000 metric tons. Bookings for 2026/27 reached 1.062 million metric tons, a marketing year high but 43.8 percent below the same week last year, exceeding the trade range of 0.5 to 1 million metric tons. Nearby September 2026 corn is at $4.48 1/2, down half a cent, while December 2026 corn is at $4.71 1/2, down a quarter cent.
Corn futures edge lower despite strong export sales, indicating price weakness.