Corn prices surged today, with futures contracts rising by three to four cents and the December contract gaining six and a quarter cents. The national average cash price also increased by four cents to four dollars and two and three-quarter cents. The US Department of Agriculture announced significant private export sales to Colombia and Mexico, highlighting international demand. Export sales data for the week ending October thirtieth showed a total of one point nine nine million metric tons of corn sold, the third largest weekly total for the current marketing year. Brazils corn exports for November increased by six point four eight percent year-over-year but dropped twenty-two point five eight percent from the previous month. Projections for December estimate higher shipments than last year. Statistics Canada forecasted a three point one percent decrease in Canadian corn production for the two thousand twenty-five season.

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