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Austin Schroeder

Corn Falling as USDA Raises Corn Production

USDA United States CmdtyView

Corn futures are now liking the taste from USDA’s set of reports as they chew through Monday’s midday. Contracts are down 16 to 17 cents so far. The CmdtyView national average Cash Corn price is down 16 3/4 cents at $3.91 1/2. 

A private export sale announcement of 204,000 MT of corn was announced to South Korea this morning, with another 310,000 MT of corn sold to unknown destinations.  That is widely being ignored at midday

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