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Barchart
Barchart
Austin Schroeder

UNCOVERED: Corn bulls push higher into the thursday close - The Untold Story

Corn futures posted Thursday gains of 3 to 5 ½ cents across most contracts on the day, getting spillover support from wheat and soybeans. The CmdtyView national average Cash Corn price was up 3 3/4 cents at $3.98 3/4. 

Export Sales data from this morning showed a total of 2.07 MMT of corn sold in the week of February 5. That was nearly double the pervious week and 25.5% larger than the same week last year. The largest buyer was Japan at 616,600 MT, with 336,800 MT sold to South Korea and 274,900MT to Colombia. Sales for 2026/27 were 60,000 MT that week.

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