Corn Rallies on Export Surge: Your February Price Floor Guide with Vanessa
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This is your Daily Corn Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Corn Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the freshest corn market news, including where prices stand right now, so you can stay ahead whether youre farming, trading, or just watching the commodities world.
First up, the current trading price for corn. According to the Grain SA Morning Market Report from today, corn futures are showing modest strength, with the March 26 contract at 431.60 US cents per bushel, up 0.98 percent or 4.20 cents from the prior close. On the SAFEX exchange, local spot prices opened around R 3632 per ton, reflecting some consolidation after a busy Friday session. Over in Chicago, May 26 futures are hovering near 174 US dollars per tonne, up slightly this week per AHDBs arable market update. These levels are holding firm against resistance, as noted by Red River Farm Network analysts.
Big news shaking things up is the surprise February WASDE report from the USDA. They slashed US corn ending stocks to 2.127 billion bushels and boosted export forecasts by 100 million bushels to a record 3.3 billion for the 2025-26 year. Thats huge, folks, setting a solid price floor despite last falls massive 17 billion bushel harvest. Experts on Successful Farming podcasts are calling it a bullish lifeline, with record US corn exports pacing ahead and global demand from Asia and biofuels gobbling up supplies. Terrain Projects even sees average farm prices around 4.33 dollars per bushel into next year, though large stocks could cap big rallies unless weather or China buying ramps up.
For you listeners, heres your actionable takeaway: if youre holding corn, watch weekly export sales and that March plantings report closely. Strong demand means selling rallies near resistance like 460 on December 26 charts could lock in gains. Diversify with crop insurance now during February pricing, aiming for those 490 to 495 targets out to mid-2027.
Thanks for tuning in, buddies. Subscribe, share with your farm crew, and well catch you next time on Daily Corn Price Tracker with Vanessa Clark. Stay smart out there.
For more http://www.quietplease.ai
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This content was created in partnership and with the help of Artificial Intelligence AI
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