Corn Slipping Back Early on Monday
Austin SchroederMon, September 14, 2026 at 3:36 PM GMT+3 2 min read
Corn prices are showing slight weakness on Monday morning, steady to a penny lower. Futures closed out the Friday session with contracts 2 ¾ to 5 cents lower, selling the fact on the lower yield number. Open interest was up 20,115 contracts on Friday, mainly in the March – July contracts. December was down 6 ½ cents on the week. There were 35 deliveries issued on Friday against September futures, which expire today. The CmdtyView national average Cash Corn price was down 3 1/4 cents at $4.84 3/4.
The monthly Crop Production report from NASS showed US corn yield down 2.2 bpa to 178.5 bpa, and in line with trade estimates. Production was down 213 mbu from August at 15.8 bbu as harvested acres were trimmed by 87,000 acres to 85.506 million acres.
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Via the WASDE, old crop ending stocks were down 23 mbu to 1.922 bbu as the World Ag Outlook board increased exports by 25 mbu and added 2 mbu to imports. New crop carryout was cut by 86 mbu on the production adjustment and carryover, to 1.567 bbu. They also adjusted feed and residual 150 mbu lower. World ending stocks were 2.55 MMT higher for 2025/26 this month to 301.38 MMT, as old crop Brazilian production was up 1 MMT to 141 MMT. New crop world carryout was 2.55 MMT lower, to 272.10 MMT
Export Sales data from Friday, with a total of 79,788 MT of 2025/26 sales in the week of 9/3 to round out the marketing year. Sales for new crop in the week ending on September 3 were tallied at 1.929 MMT, with 993,349 MT in unshipped sales carried over from 2025/26.
The weekly commitment of Traders update from CFTC showed managed money trimming back 5,891 contracts from their previously record net long in corn futures and options. That net long stood at a still large 425,171 contracts on September 3.
Brazil's 2026/27 first corn crop was tallied at 22% planted as of Thursday, ahead of the 17% pace from last year.
Sep 26 Corn closed at $5.10 1/4, down 3 3/4 cents, currently up 7 1/4 cents
Nearby Cash was $4.84 3/4, down 3 1/4 cents,
Dec 26 Corn closed at $5.30 1/4, down 3 1/2 cents, currently down 1 cent
Mar 27 Corn closed at $5.45 1/2, down 3 3/4 cents, currently down 1 cent
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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