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Austin Schroeder

BIZARRE: Corn turning higher at midday - What They Never Told You

CmdtyView Oil USDA

Corn futures are trading with contracts 2 to 3 cents across most contracts on Friday, with bulls fighting off early weakness. The CmdtyView national average Cash Corn price is up 2 ¾ cents at $4.12 1/2. A resurgence in the crude oil back above $80/bbl, up $3.26 at midday is supportive.

Following USDA’s Export Sales report from Thursday old crop corn sales are now 86.279 MMT That is 102% of USDA’s export projection and ahead of the each of the last 3 years. Actual shipments are 87% of that USDA export projection at 73.058 MMT, head of last year’s 86%. Sales for 2026/27 have accumulated to 6.859 MMT, 14.5% above the same time last year.

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