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Corn Climbs Higher: Exports Soar, Harvest Rolls On

Corn Climbs Higher: Exports Soar, Harvest Rolls On

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

Hello and welcome to the Daily Corn Price Tracker, I’m Vanessa Clark. Thanks for tuning in! Each day, I keep you updated with the latest news and info around corn prices, market trends, and what it all means for buyers, sellers, and anyone invested in the corn market.

Let’s jump right into today’s market action for Monday, November third, twenty twenty-five. The big headline is that December corn futures closed at four dollars thirty-four and one quarter cents per bushel. That’s up two and three-quarters cents from the previous session and marks the highest level for corn since early July. This uptick is catching the attention of traders and producers alike, so if you’ve been watching for any action, this is it.

So, what’s driving the recent move? A combination of factors are in play. Technical buying came in as charts turned more friendly for corn. Wheat and soybeans’ price gains today also helped support corn. Export news is a big factor too — according to reports from Brownfield Ag News and Pro Farmer, US corn export inspections last week more than doubled compared to last year at this time. Mexico and South Korea were leading the way as key buyers, showing strong demand in the global market. If you’re wondering about the overall pace, the marketing year started back on September first, and so far, corn export inspections have reached over twelve million tons. This is a notable jump from roughly seven and a half million tons last year, putting US corn in a competitive spot globally.

On the weather front, it’s looking good for US producers. The national corn harvest is eighty-five percent complete, ahead of the usual pace for this time of year. Most corn states in the US are experiencing warmer-than-normal temperatures, which is helping farmers wrap up harvest quickly and get corn into storage or onto the market. If you’re a grower, this is an ideal window to finish up in the fields.

Looking ahead, the next big market mover could be the USDA’s monthly supply and demand report scheduled for November fourteenth. Traders and market watchers will be paying close attention for any surprises in crop estimates, export numbers, or revisions to ending stocks. If you’re making sales, keep this date in mind—it could mean a quick shift in price direction if the numbers surprise the market.

For those thinking about cash sales or hedging strategies, experts at Pro Farmer suggest sticking with a steady approach. If you’re marketing the twenty twenty-four crop, pricing is mostly done. For next year’s harvest, it’s recommended to lock in about twenty percent of your expected production, just to play it safe given current market volatility.

In summary, corn prices are trending higher, exports are strong, and weather is working in favor of a speedy harvest. If you’re a farmer, an end-user, or just keeping an eye on global commodities, corn’s position in the market is looking solid as we head into November. Keep tuning in for daily updates — we’ll be following every twist and turn.

Thanks so much for listening to the Daily Corn Price Tracker with me, Vanessa Clark. If you enjoyed the episode, please subscribe, tell a friend, and don’t forget to tune in tomorrow for your next corn market update. Have a great day and see you next time!

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