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Corn Showing Steady Trade Ahead of Export Sales Data

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Corn futures showed mixed but steady trading on April 23, 2026, with front-month contracts rising fractionally (up to 1¼ cents) while deferred contracts remained flat or slightly lower. Ethanol production dropped 8% to 1.04M barrels/day in mid-April, though stocks rose to 26.95M barrels, signaling potential demand shifts in corn-based ethanol markets. South Korea privately purchased 134,000 metric tons of corn overnight, boosting short-term demand ahead of Thursday’s U.S. Export Sales report, estimated at 1–1.8MMT for old crop. Cash corn prices climbed ¾ cent to $4.18¼ nationally, with May ’26 futures at $4.54¼, reflecting modest upward pressure despite volatile ethanol data. Traders anticipate limited new-crop sales (0–250,000MT), suggesting cautious market sentiment amid stable but uncertain global demand conditions.
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Corn Showing Steady Trade Ahead of Export Sales Data

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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Corn Showing Steady Trade Ahead of Export Sales Data April 23, 2026 — 02:50 pm EDT Written by Austin Schroeder for Barchart-> Corn price action is fractionally mixed so far on Thursday morning. Futures closed the Wednesday session with front months fractionally to 1 ¼ cents higher and some deferreds steady to fractionally lower. Open interest was up 6,656 contracts on Wednesday. The CmdtyView national average Cash Corn price was up 3/4 cents at $4.18 1/4. Weekly EIA data showed ethanol production dropping 80,000 barrels per day in the week of 4/17 to 1.04 million barrels per day. Stocks of ethanol were up 249,000 barrels to 26.948 million barrels. Exports were up just 10,000 bpd to 91,000 bpd, with refiner inputs of ethanol up 46,000 bpd. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Export Sales data will be released on Thursday, with traders estimating sales in the week of April 16 to total 1-1.8 MMT for old crop. New crop sales are estimated in a range of 0 to 250,000 MT.South Korean importers purchased a total of 134,000 MT of corn in a private deal overnight.May 26 Corn closed at $4.54 1/4, up 1/2 cent, currently down 1/4 centNearby Cash was $4.18 1/4, up 3/4 cent,Jul 26 Corn closed at $4.62 3/4, up 3/4 cent, currently unchDec 26 Corn closed at $4.82 1/4, up 1/2 cent, currently up 1/4 centNew Crop Cash was $4.39 3/8, up 3/4 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. For more information please view the Barchart Disclosure Policy here. More news from Barchart Corn Prices Likely Just Hit a Bottom: Where Do They Go From Here?

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