CBOT corn heads up on robust export sales

Reuters
2026.01.23 21:12
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Chicago Board of Trade corn futures rose due to strong export sales, with March corn settling up 6-1⁄2 cents at $4.30-1⁄2 per bushel. Weekly U.S. export sales for 2025/26 delivery reached 4 million metric tons, surpassing expectations of 1.9 to 3.1 million tons. Support from rising crude oil prices and concerns over dry conditions in Argentina affecting corn and soybean crops contributed to the market's positive momentum.