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Kernels of Truth: Corn Exports Fuel Price Rally

Kernels of Truth: Corn Exports Fuel Price Rally

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

Hey everyone, I'm Vanessa Clark, and welcome back to Daily Corn Price Tracker. Today is Friday, November 28th, 2025, and we've got some really exciting movement in the corn market to talk about, so stick around.

Let me jump right into today's numbers because this is where things get interesting. December corn futures closed today at four dollars and thirty five and one quarter cents per bushel, up three and one half cents. Now, if you're looking at the longer-dated contracts, March corn closed significantly higher at four dollars and forty seven and three quarters cents, gaining two and one half cents just today. The national average cash corn price is sitting at four dollars and twelve cents, which is up eight and one quarter cents. These are solid gains, folks, and there's a really good reason behind them.

So what's driving this rally? Export sales. The United States Department of Agriculture released catch up data this morning from a week that ended October sixteenth, and the numbers were genuinely impressive. We saw two point eight two three million metric tons of corn sold for the current twenty twenty five twenty twenty six marketing year. That blew past analyst expectations that were looking for somewhere between one point four and two point five million metric tons. On top of that, there was another five hundred seventy one thousand metric tons sold for next year's crop. The USDA also announced a private export sale of two hundred seventy three thousand metric tons of corn to unknown destinations, which many believe is headed to South Korea.

Here's what really matters for those of you following the fundamentals: corn export commitments are running more than forty percent ahead of last year's pace. That's huge. We're looking at total export commitments near thirty three point five six million metric tons compared to just twenty three point five million metric tons last year. These numbers tell us that the global market has serious appetite for American corn right now, and that's providing real support to prices.

Now, I want to give you some context on the bigger picture. The USDA's latest production forecast shows corn production for this year at sixteen point eight billion bushels, down sixty two million bushels from their September estimate due to a yield reduction. But here's the thing: even with that lower production number, strong export demand is keeping the market supported. The fundamentals show ending stocks around two point one five four billion bushels, which is actually comfortable inventory levels.

We're also watching what's happening in South America pretty closely because weather patterns there can absolutely impact global supply. Argentina's soybean planting is running slightly behind average, and that's something traders are keeping an eye on.

For those of you with skin in this game, whether you're a farmer thinking about marketing strategy or you're just tracking grain prices, the message here is clear: global demand is strong, exports are moving, and that's translating into firmer prices as we head into December.

That's what we're seeing in the corn market today. Thanks so much for tuning in to Daily Corn Price Tracker. Be sure to subscribe and join us next time for more updates on corn prices and what's moving the market. I'm Vanessa Clark, and we'll see you tomorrow.

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