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Corn Bulls Showing Black Friday Gains, as Export Business Remains Strong

2025-11-28 17:21
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Corn Bulls Showing Black Friday Gains, as Export Business Remains Strong

Corn Bulls Showing Black Friday Gains, as Export Business Remains Strong Corn, blue sky - by Skitterphoto via Pixabay__480x319 Austin Schroeder Sat, November 29, 2025 at 1:21 AM GMT+8 1 min read In th...

Corn Bulls Showing Black Friday Gains, as Export Business Remains Strong Corn, blue sky - by Skitterphoto via Pixabay__480x319 Corn, blue sky - by Skitterphoto via Pixabay__480x319 Austin Schroeder Sat, November 29, 2025 at 1:21 AM GMT+8 1 min read In this article:

Corn futures are trading with midday Black Friday gains of 2 to 5 cents. Today is first notice day for December futures, with 80 deliveries issued all by an ADM customer. The CmdtyView national average Cash Corn price is up 8 ¼ cents at $4.12.

A private export sale of 273,988 MT of corn was reported by USDA to unknown destinations this morning.

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USDA’s catchup continued this morning, with the Export Sales report for the week ending on October 16 showing 2.82 MMT of corn sold for 2025/26, exceeding the estimate of 1.4-2.5 MMT. There was another 571,502 MT for 2026/27, falling in the middle of the 0.5-1 MMT trade estimates. Combined sales of 3.394 MMT were the largest in exactly a year, shy of the 4.183 MMT from the same week last year. Total export commitments are still 42.9% above last year at 33.56 MMT, 1.32 bbu. That is also a record high for the current week.

Sales data for the week ending on 10/23 will be out Monday morning, with traders looking for 1.1-2.5 MMT in corn bookings during that week.

Dec 25 Corn is at $4.36 1/2, up 4 3/4 cents,

Nearby Cash is at $4.12 1/1, up 8 1/4 cents,

Mar 26 Corn is at $4.47 1/2, up 2 1/4 cents,

May 26 Corn is at $4.55 1/2, up 2 1/2 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. This article was originally published on Barchart.com

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