Corn Futures Dip Despite Strong Sales
Update: 2025-11-21
Description
Corn futures experienced a minor dip on Thursday, despite robust export sales figures, with contracts falling between one and three and three-quarter cents. The national average cash corn price also decreased by three and a quarter cents. Export sales data for the 2025-2026 corn bookings showed a significant increase, with two point two six million metric tons sold, marking the largest amount so far this marketing year. South Korean importers made substantial purchases, buying three hundred twenty-nine thousand metric tons of corn. World corn production and stocks are projected to rise by one million metric tons each, with no major changes in the overall balance sheet. The markets slight downturn suggests other factors may be influencing the trends.
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