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Corn futures fell 1 to 4¼ cents on Thursday, with the national average cash price down 3¾ cents to $4.04. USDA reported 1.295 million tonnes of 2026/27 corn sales for the week ended October 29, a three-week low and 35.1% below the same week last year; Mexico was the largest buyer.
Turkey also tendered to import 295,000 tonnes of corn.
The year-over-year decline in export sales points to softer demand and weighed on prices, although Mexico’s purchase and Turkey’s tender provide some demand support. The article also notes traders’ expectations for a modest reduction in the upcoming US crop estimate.
barchart.comAustin SchroederNov 5, 2026After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
