Daily Corn Price Tracker with Vanessa Clark

Corn Dips on Wet Belt Forecast and Falling Crude as Ethanol Output Climbs Higher

https://www.instagram.com/vanessaclarkipai This is your Corn podcast. Hey there and welcome back to Daily Corn Price Tracker. I am Vanessa Clark, here to walk you through what is happening in the corn market right now. Let us start with prices. US corn futures are currently trading around four dollars and sixty six cents per bushel on the major exchanges. According to Barchart, the national average cash corn price is a little lower, sitting near four dollars and twenty seven cents per bushel. So futures are carrying a modest premium over cash bids at the moment. Yesterday, corn futures came under solid selling pressure. Pro Farmer reports that the nearby July corn contract fell about nine and a half cents, finishing near the daily low. That drop was driven in large part by falling crude oil prices. Weak energy markets often weigh on corn because of the close link between corn and ethanol demand. Energy is not the only factor. A wet weather forecast across much of the United States Corn Belt is adding pressure as well. With a decent portion of the corn crop already planted, traders are factoring in good early moisture and the potential for solid yield prospects, which can be bearish for prices in the short term. On the demand side, the Energy Information Administration shows ethanol output running at about one point one one million barrels per day, up from last week and above year ago levels. Ethanol stocks are nearly steady, and refiners have slightly increased their ethanol use. That is a supportive sign for corn demand, even as export demand stays a bit sluggish and traders watch for any fresh buying from major importers like China. Here are your quick takeaways. One, futures around four sixty six, cash near four twenty seven. Two, lower crude oil and good planting progress are pressuring prices. Three, ethanol demand is firm, helping to put a floor under the market. That is it for today’s Daily Corn Price Tracker. I am Vanessa Clark. Thanks for listening, make sure you subscribe, and tune in next time for your quick update on corn prices and market trends. For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r

Daily Corn Price Tracker: Futures Hold Mid-Fours as Basis Makes the Real Price at Your Elevator

https://www.instagram.com/vanessaclarkipai This is your Corn podcast. Hey friends, welcome back to Daily Corn Price Tracker. I am Vanessa Clark, and today we are talking about what is happening right now in the corn market and where prices are trading. Let us start with the futures market, since that is what sets the tone for a lot of cash bids across the country. According to the Nebraska Daily Elevator Grain Bids report from the United States Department of Agriculture, the Chicago Board of Trade July twenty twenty six corn futures contract most recently settled around four dollars and seventy seven cents per bushel, with September at about four dollars and eighty two cents and December near four dollars and ninety eight cents. Those later month contracts being a bit higher than nearby months tell us the market is still carrying a small premium for grain delivered further out, which is pretty typical when supplies look comfortable but not overwhelming. Looking at broader futures data, Investing dot com reports that recent United States corn futures have been trading in a range roughly in the mid four dollar zone per bushel, with a fifty two week range that dips into the low four dollar area. That puts today’s prices in the lower half of the past year’s band, which suggests corn is relatively cheap compared with some of the spikes we saw in recent years. Cash prices back at the local elevator level are also shaped by basis, that is the difference between your local cash bid and the futures price. The Nebraska Daily Elevator Grain Bids from the United States Department of Agriculture shows cash bids for number two yellow corn in parts of Nebraska running in the upper three dollar to low four dollar per bushel range once that basis is applied. Tools like the cash grain bids finder from AgWeb let you plug in your zip code to see what your own nearby elevators are actually paying today. So what is the takeaway for you as a farmer, feeder, or small hedger watching corn prices every day? First, know your local basis. Futures might say four eighty, but if your basis is forty under, your real cash price is closer to four forty. Second, compare new crop bids for fall delivery versus holding on to old crop grain. With December futures trading higher than nearby months, it can sometimes pay to lock in those forward prices if they meet your breakeven. That is it for today’s Daily Corn Price Tracker with me, Vanessa Clark. Thanks for listening, keep an eye on those bids, and be sure to subscribe and tune in tomorrow for your next quick update on corn prices. For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r

Corn Rallies on China Buying and Corn Belt Weather Jitters Drive July Futures Above 4-77

https://www.instagram.com/vanessaclarkipai This is your Corn podcast. Welcome back to the Daily Corn Price Tracker, I am Vanessa Clark. Let us talk about what corn markets are doing right now and what is driving those prices. According to Farmbucks, todays best cash bids for corn at some elevators across the United States are running near 4 to 5 dollars per bushel in many areas, with some specialty bids higher depending on location and delivery window. These cash grain bids are what local buyers are actually willing to pay you at the elevator today, so they matter a lot for marketing decisions. On the futures side, Farmbucks lists the front month Chicago Board of Trade corn contract, the July twenty twenty six contract, trading around 4 dollars and 77 cents per bushel, up more than 4 percent. The United States Department of Agriculture Missouri Daily Grain Bids report also shows recent Chicago corn futures settlements in that same general mid 4 dollar range for nearby months. So why the strength in corn prices right now. Recent market commentary from sources like Farm Progress and FXLeaders points to expectations for stronger Chinese purchases of United States grain and a new multibillion dollar farm related pledge from China that has pushed both corn and wheat higher. At the same time, weather and planting progress across the Corn Belt are in focus. Brownfield Ag News reports that some states are seeing delays or uneven progress, while others are moving ahead, and that uncertainty often adds a bit of risk premium into the market. Here are a few quick takeaways for you. First, keep an eye on both your local cash bids and the Chicago futures price, because the basis between them can shift fast. Second, watch headlines about Chinese grain demand and Corn Belt weather, as both are key drivers of short term moves. And third, talk with your merchandiser about setting target prices and using offers, so you can capture rallies like this without having to stare at the screen all day. That is it for todays Daily Corn Price Tracker. I am Vanessa Clark. Thanks for listening, be sure to subscribe, and tune in next time for your next quick update on corn prices and market news. For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r

Vanessa Clark Unpacks May Gains and December's 8-Cent Carry as Global Demand Lifts Corn Futures

This content was created in partnership and with the help of Artificial Intelligence AI.

May Kicks Off with Export Surge and Planting Push Across the Corn Belt

https://www.instagram.com/vanessaclarkipai This is your Corn podcast. Hey everyone, welcome to another episode of Daily Corn Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the freshest corn market updates as we kick off May. Right now, corn futures are showing some early softness. The May 2026 contract settled yesterday at 464.75 cents per bushel according to USDA reports, down a bit from recent highs, with front-month trading dipping 1 to 2 cents at the open per AgMarket.Net's early morning analysis. July corn closed at 474.75 cents, while December is hovering around 489.50, still testing that key 5-dollar resistance but facing profit-taking after overnight peaks. Cash prices are steady too, with the national average at about 4.32 dollars and a quarter, and Central Illinois country elevators averaging 4.45 bucks. What's driving this? USDA's latest export sales report showed a strong 1.598 million metric tons of old-crop corn booked for the week ending April 23rd, the biggest since late February. That's bullish amid tight supply-demand balance, as analysts like Bryan Doherty note prices staying in that 4-to-5 dollar range despite big crops and global demand offsetting each other. Planting is ramping up fast across the Corn Belt with good weather ahead, but over half the crop is still to go in. Watch weekly exports out today, estimated at 1 to 2.5 million tons, and keep an eye on crude oil over 106 bucks a barrel, which ties into ethanol blends as Mexico eyes bumping theirs to 10 percent. For farmers, this mixed lower trade means locking in prices now while they're solid, especially with resistance firming up. Stay tuned to those support levels at 4.57 for May and 4.86 for December. That's your Daily Corn Price Tracker wrap-up. Thanks for joining me, friends, grab those actionable insights, subscribe, and tune in next time for more corn market moves! For more http://www.quietplease.ai Check out Vanessa on Instagram https://www.instagram.com/vanessaclarkipai For some deals, check out https://amzn.to/4hSgB4r This content was created in partnership and with the help of Artificial Intelligence AI.