International Corn Market
16-Aug-2025 08:09 AM
International Corn Market
Rainfall is expected to remain limited across most parts of the Corn Belt in the coming week, except for the central-eastern Dakotas, Minnesota, northern Iowa, Wisconsin, Michigan, and the extreme northern portion of the Eastern Corn Belt.
In corn futures and options, large managed money spec funds added 2,364 contracts to their net short position as of August 12, taking the total net short to 176,114 contracts by Tuesday.
Thursday morning’s Export Sales report showed old crop commitments at 70.533 MMT, which is 98% of USDA’s projection but behind the 103% average. Actual Census data continues to run ahead of FAS data. New crop commitments stand at 13.825 MMT, the second largest on record for this week.