International Corn Market

30-Aug-2025 08:13 AM

International Corn Market
Commitment of Traders data showed spec traders in corn futures and options cutting their large net short position by 33,964 contracts to 110,686 contracts as of Tuesday. Much of the reduction came through short covering, with the number of shorts down by 21,103 contracts. Commercials increased their net short position by 29,494 contracts to 87,239 contracts as of August 26.
According to USDA Export Sales data, old crop corn commitments stand at 70.475 MMT, which is 98% of the annual export projection and behind the 103% average pace. New crop sales are at 18.775 MMT, the second-largest for this week on record, behind only 2021/22.