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Cornucopia Report: Harvest Wrap-Up, Export Surge, and Thanksgiving Market Musings

Cornucopia Report: Harvest Wrap-Up, Export Surge, and Thanksgiving Market Musings

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This is your Daily Corn Price Tracker with Vanessa Clark podcast.

Welcome to the Daily Corn Price Tracker, I’m Vanessa Clark. Today is Tuesday, November twenty-fifth, twenty twenty-five, and as always, I’m here to keep you up to date on the latest corn prices, important market moves, and what it all might mean for you—whether you’re a grower, a trader, or just someone who likes to keep tabs on the ag markets.

Let’s get right into the numbers. According to Brownfield Ag News, December corn futures settled at four dollars and twenty-three and a half cents per bushel, down a quarter of a cent. If you’re watching the March contract, Pro Farmer reports it closed at four dollars and thirty-eight and a quarter cents, up one and a half cents, showing some mild support after recent selling. National average cash corn looks a bit softer at three dollars and eighty-seven and a quarter cents. The market is heading into the Thanksgiving holiday, so expect lighter volume and perhaps some sideways trading heading into the long weekend.

So what’s behind these moves? The corn market continues to digest a wave of recent news. First, the United States corn harvest is practically done, with ICIS reporting ninety-six percent completion as of this week. That means the market now knows exactly how much corn is available, putting a cap on price support from weather or harvest delays.

Meanwhile, export demand is looking impressively strong. According to The DeLong Company, corn export inspections reached sixty-four point three million bushels last week, which is solidly within expectations and up substantially from this time last year. In fact, the United States has shipped seventy-two percent more corn compared to last year’s pace. The biggest buyers continue to be Mexico, Japan, and South Korea. But in the bigger picture, DTN Progressive Farmer notes there is record-setting export activity, yet China has remained on the sidelines for now, which could be a wild card for prices down the line.

On the supply front, we’re dealing with big numbers. The November USDA reports surprised the market by keeping the national yield at one hundred and eighty-six bushels per acre, translating into a hefty bump in ending stocks. Times-Online Business points out this has pressured corn prices lower over the past couple of weeks, as traders process the reality of abundant supply both here and globally.

Weather is less of a factor right now, and crude oil’s recent plunge toward fifty-seven dollars per barrel is also teasing the markets, since cheaper oil can sometimes mean less support for corn used in ethanol production. It’s a reminder of how interconnected these markets can be.

So, if you’re a grower or someone with skin in the game, what should you watch for in the week ahead? Pre-holiday volatility can be tricky. With the market pausing for Thanksgiving, unexpected export news or updates on Chinese buying interest could move things sharply as soon as trading resumes. Also keep an eye on whether strong export inspections translate into increased sales, especially if overseas buyers take advantage of the recent pullback in prices. For end users and feed buyers, this window could be a good opportunity to lock in supplies at relatively affordable prices.

That wraps up today’s Daily Corn Price Tracker. I’m Vanessa Clark—thank you for joining me. Don’t forget to subscribe so you never miss an update, and be sure to tune in next time as we follow the twists and turns of the U.S. corn market. Have a great Thanksgiving, and see you soon.

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