Corn Again to Decrease Commerce a Noon | U.S. Finance Information
The corn market is constant the selloff on Friday, as contracts are down 5 to 10 cents to date on Friday. Right this moment is first discover day for March corn futures, with no deliveries issued in a single day. CmdtyView’s national average Money Corn price is 10 3/4 cents decrease at $4.23 ½.
President Trump’s 25% tariffs on Mexico and Canada are nonetheless set for a March 4 begin date after some back and forth this week.
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Weekly Export Gross sales information has complete export commitments for the 2024/25 crop at 48.664 MMT, which is 78% of USDA’s full 12 months WASDE projection and forward of the 76% average tempo. Collected export shipments are actually 26.567 MMT in accordance with the FAS information, 32% above final 12 months and 43% of USDA’s estimate and forward of the 37% average delivery tempo.
Up to date Buenos Aires Grain Change information from Thursday tallied the Argentina corn crop scores at 21% wonderful, up 2% from final week, with poor scores down 1% to 29%.
Mar 25 Corn is at $4.55 1/4, down 9 1/2 cents,
Close by Money is at $4.23 1/2, down 10 3/4 cents,
Could 25 Corn is at $4.71, down 10 cents,
Dec 25 Corn is at $4.56, down 5 3/4 cents,
New Crop Money is at $4.21 3/4, down 7 3/4 cents,
On the date of publication,
Austin Schroeder
didn’t have (both immediately or not directly) positions in any of the securities talked about on this article. All info and information on this article is solely for informational functions. For more info please view the Barchart Disclosure Coverage
right here.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
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