Corn Futures Gain on Strong Demand, Record Exports
Update: 2025-12-12
Description
Corn futures saw a modest increase on Thursday, with December contracts gaining up to two and a half cents, as the national average cash price rose by one and a half cents to four dollars and one and a half cents. The USDA announced a private export sale of 186,000 metric tons of corn, and export sales data showed a four-week high of 2.38 million metric tons sold in the week ending November thirteenth. September corn exports hit a record high of nearly seven million metric tons, and an importer from Taiwan purchased 65,000 metric tons of US corn. Brazils corn production was slightly increased to 138.88 million metric tons, indicating strong demand and robust export figures.
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