S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketCorn futures closed out the Thursday session with contracts 3 ¾ to 6 ½ cents higher across the board. Futures were closing in on the highs set on last week’s initial spike. The CmdtyView national average Cash Corn price was up 6 3/4 cents to $4.27 ¾.
Export sales data from this morning showed 1.17 MMT of old crop corn sold in the week ending on 3/12. That was down 13.4% from last week and 11.7% below the same week last year. Mexico was the top buyer of 287,200 MT, with 194,900 MT to Japan and 142,300 MT to Spain. New crop business was at just 12,000 MT, all to Japan.
International Grains Council data from this morning showed a total of 1 MMT of corn added to their balance sheet for ending stocks to 306 MMT. That came as production was up 7 MMT, with use up 4 MMT. Stocks for 2026/27 are seen at 294 MMT, as production is seen down 13 MMT yr/yr and use up 13 MMT.
The Buenos Aires Grain Exchange estimates the Argentina corn harvest at 13% complete.
May 26 Corn closed at $4.69 3/4, up 6 1/2 cents,
Nearby Cash was $4.27 3/4, up 6 3/4 cents,
Jul 26 Corn closed at $4.80, up 5 1/2 cents,
Dec 26 Corn closed at $4.94 1/2, up 4 3/4 cents,
New Crop Cash was $4.52 1/2, up 5 cents,
