Corn Dips But Exports Shine: March Futures at 4.28 as Record Sales Keep Bulls Hopeful
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Corn Dips But Exports Shine: March Futures at 4.28 as Record Sales Keep Bulls Hopeful
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This is your Daily Corn Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Corn Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on corn prices, export surges, and what it all means for you.
Right now, the March 2026 CBOT corn futures are trading around 4.28 to 4.29 per bushel, down a couple cents from last weeks close of 4.30 and a half. Total Farm Marketing and Barchart report this mornings session showing March futures at 4.29 and a half early, dipping to 4.28 and a quarter by close in some updates, while cash corn averages hover near 3.92 bucks nationally. After a strong weekly gain, todays pullback reflects steady demand mixed with ample global supplies.
The big story boosting prices last week was record US corn export sales of over 4 million metric tons, the highest since 2021, per GrainsPrices and USDA reports. Buyers like unknown destinations, Japan, South Korea, and Mexico jumped in big, running commitments 34 percent ahead of last year. That offset higher Brazilian production estimates at 136.6 million metric tons from AgRural, plus Argentinas crop facing some dry heat but still rated decent.
Biofuel demand and firm cash markets kept things afloat too, even with South Americas harvest ramping up. Funds are mostly sidelined, but watch for weather swings or fresh China buys to spark moves.
For you farmers and traders, heres your takeaway: With exports crushing expectations, consider locking in sales now if prices firm up, or hedge new crop rallies around 4.45 resistance. Stay nimble on Brazilian updates.
Thats your daily corn scoop, friends. Thanks for tuning in, subscribe for more, and catch you next time on Daily Corn Price Tracker!
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This content was created in partnership and with the help of Artificial Intelligence AI
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