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Austin Schroeder

INSANE: Corn slipping lower on wednesday | Rare Historical Photos

Corn futures are down 1 to 2 cents so far on Wednesday, with new crop contract showing gains. The CmdtyView national average Cash Corn price was down 2 cents at $3.93 1/4. The average close for December futures in February has been $4.58, as the base spring price for crop insurance is underway.

USDA reported a private export sale of 230,560 MT of corn to unknown destinations this morning. Export Sales data will be out on Thursday morning, with traders looking for between 0.6-1.1 MMT of 2025/26 corn sold in the week of 2/5. Sales for 2026/27 are seen 0-100,000 MT in that week.

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