Corn Falls Back on Friday

Austin Schroeder Barchart Fri Aug 1, 5:14PM CDT
Yellow corn with husks removed by mute-gemini via Pixabay

Corn futures closed out the Friday session with contracts down 2 to 4 ¼ cents, as September was a dime lower on the week and December down 8 ¼ cents. The CmdtyView national average Cash Corn price was down 3 1/2 cents at $3.73 1/2.

A couple more private export sales were announced this morning, with 125,000 MT to unknown destinations, with another 227,160 MT for unknown (during the reporting period) both for 2025/26. That took this week’s announced flash sales to 1.147 MMT for new crop.

Grain Crushing data showed 447.97 mbu of corn used for ethanol during June, which was up 0.8% from last month and 0.41% larger than June 2024. 

CFTC data indicated a total of 3,820 contracts of futures and options were added to the spec fund net short in corn as of Tuesday, taking it to 181,185 contracts by July 29.

Sep 25 Corn  closed at $3.89 1/2, down 4 1/2 cents,

Dec 25 Corn  closed at $4.10 3/4, down 3 cents,

Mar 26 Corn  closed at $4.28 1/4, down 2 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.