USDA reported private sales of 135,660 MT of corn to Mexico for 2025/26, while 110,668 MT of corn were sold to unknown destinations.

According to Crop Progress data, 95% of the US corn crop has reached the dent stage and 71% is mature. Harvest has reached 18%, slightly behind the 19% average. Crop conditions were unchanged this week, with 66% rated good to excellent. The Brugler500 index was steady at 370.

Export Inspections report showed total corn exports of 1.527 MMT (60.12 mbu) during the week ending September 25. This was 10.19% higher than the previous week and 32.85% more than the same week last year. Mexico was the largest buyer at 663,960 MT, followed by Japan at 251,883 MT and South Korea at 191,564 MT. Marketing year exports now stand at 5.097 MMT (200.65 mbu), 52.11% above the same period last year.

Ahead of the September 30 Grain Stocks report, Bloomberg’s survey showed analysts expect USDA to report September 1 corn stocks at 1.336 bbu, with estimates ranging between 1.26 and 1.45 bbu.

In Brazil’s center-south region, planting of the first corn crop was 32% complete as of Thursday, compared to 30% at the same time last year.