Corn price action is down 1 to 3 cents so far on Monday morning. Futures closed out the Friday session with contracts 1 to 4 ½ cents across the board, as December was 5 ½ cents lower. Open interest was up 2,898 contracts on Friday. The CmdtyView national average Cash Corn price was down 3 3/4 cents at $4.35. Now halfway through October the average close for December futures has been $4.91, as the harvest price option for price insurance gets discovered.
USDA reported a private export sale of 127,000 MT of corn for 2026/27 to Japan on Friday.