Corn futures trading with Friday losses of 3 to 4 cents at midday. The CmdtyView national average Cash Corn price was down 3 1/2 cents at $4.85 1/4. Pressure is coming from double digit weakness in the beans and wheat, as well as losses in crude oil.

Export Sales data updated on Thursday now has the 2026/27 corn export commitments at 17.4 MMT, which is now down 27% from the same period last year. That is 21% of the USDA export projection and behind the 28% from last year and the 5-year average.

A couple more South Korean importers purchased a total of 130,000 MT of corn in a tender overnight, following 260,000 MT in sales from Thursday.

Dec 26 Corn is at $5.27, down 3 1/2 cents,

Nearby Cash is at $4.82 1/1, down 3 1/2 cents,

Mar 27 Corn is at $5.40 3/4, down 3 3/4 cents,

May 27 Corn is at $5.47 3/4, down 3 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.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.