Corn futures are reverting to weaker trade on Thursday following the midweek bounce, as contracts are down 1 to 3 cents. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $4.23. The average close for November futures has been $4.84, as the harvest price crop insurance discovery period has just 7 days left.
Export Sales data from this morning showed 1.527 MMT of 2026/27 corn sold in the week ending on October 15, exceeding trade ideas of between 0.7 to 1.5 MMT. That was 36.1% higher than the week prior but 45.9% below the same week last year.
