Corn Eases From 2-Week High
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Corn futures have dropped below $4.30 per bushel, unable to maintain their late-January gains due to increased supply from South America and slower export shipments. Favorable weather and a rapid Brazilian harvest have boosted supply and pressured local prices, while expectations for larger 2026/27 plantings have alleviated global balance concerns. Although US export sales have been solid, actual shipments have not kept pace with Brazilian corn influx, leading to a price pullback despite some export strength.
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