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Barchart
Barchart
Austin Schroeder

FORGOTTEN HISTORY: Corn rallies on wednesday with spillover support - The Untold Story

Corn futures posted gains of 5 to 9 cents across the board at the close on Wednesday, getting spillover support from near limit gains in wheat. That came despite some weaker corn grind implication from EIA. The CmdtyView national average Cash Corn price was 9 cents higher at $4.17 3/4.

USDA’s will release their weekly Export Sales report on Thursday morning, with traders looking for between 0.5 and 1 MMT of old crop corn export business in the week of July 9. Sales for 2026/27 are seen in a range of 0.3-1.1 MMT.

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