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Barchart
Barchart
Austin Schroeder

UNBELIEVABLE: Corn eases lower on wednesday - Caught on Camera

Oil CmdtyView USDA

Corn futures posted losses of 2 to 3 cents across most contracts on Wednesday. Crude oil was flat most of the day, failing to provide some spillover support. The CmdtyView national average Cash Corn price was down 3 1/2 cents to $4.02 1/4. 

USDA reported another private export sale of 125,000 MT of corn to unknown destinations this morning. Export Sales data for the week of February 26 will be released on Thursday, with analysts looking for old crop corn sales at 0.6-1.6 MMT. New crop business is estimated to total 0-100,000 MT according to a Reuters survey, though we did get a private export sale of 154,000 MT of 2026/27 corn to Japan last Thursday.

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