ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Corn Slipping Back on Thursday

Corn futures are trading with 1 to 2 ½ cent gains across the front months on Thursday. The CmdtyView national average Cash Corn price is down  2 cents to $3.96 3/4. 

USDA reported a private export sale of 178,000 MT of corn to Japan this morning with 154,000 MT for 2026/27 and 24,000 MT for 2027/28.

 

Export Sales data for the week of 2/19 was released this morning, with a total of 682,804 MT sold in that week. That was below trade estimates looking for 0.9-1.8 MMT of old crop corn sold. While it was down 29% from the week prior, it was still 1.1% above the same week last year. New crop was 11,685 MT.

A South Korean importer purchased a total of 135,000 MT of corn in a tender. Another South Korean importer issued a tender for 210,000 MT of corn this morning.  Turkey also purchased 350,000 MT of wheat in ta tender overnight. 

Mar 26 Corn is at $4.28, down 2 1/2 cents,

Nearby Cash is at $3.96 3/4, down 2 cents,

May 26 Corn is at $4.40 3/4, down 1 1/4 cents,

Jul 26 Corn is at $4.49, down 1 1/4 cents,


On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

 

More news from Barchart

Recent Quotes

View More
Symbol Price Change (%)
AMZN  212.00
-2.33 (-1.09%)
AAPL  260.20
-0.63 (-0.24%)
AMD  204.06
+0.83 (0.41%)
BAC  48.30
-0.26 (-0.54%)
GOOG  307.85
+0.92 (0.30%)
META  651.79
-2.28 (-0.35%)
MSFT  403.64
-2.12 (-0.52%)
NVDA  185.14
+0.37 (0.20%)
ORCL  162.06
+12.66 (8.47%)
TSLA  405.13
+5.90 (1.48%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.