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Austin Schroeder

Corn Losses Continue to New Lows on Wednesday

CmdtyView Ethanol

Corn futures continued the recent slide to new lows for the move on Wednesday, down 5 to 9 cents in most contracts. July closed in on the contract low, with the December contract hitting the lowest price since February. The CmdtyView national average Cash Corn price was down 7 1/2 cents at $3.97.

USDA reported a private export sale of 136,000 MT of corn to South Korea this morning for 2026/27 shipment. Ahead of the weekly Export Sales report on Thursday traders are looking for old crop business of 0.9-1.5 MMT, with new crop seen in a range of 100,000 to 600,000 MT

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