Flash Export Sales to South Korea - Corn
Private exporters reported sales of 136,000 metric tons of corn for delivery to South Korea during the 2026/2027 marketing year.
Reuters estimates Funds were net sellers of 53,500 corn contracts since last Wednesday. If realized hat would drop the Managed Money net long to about 158k contracts of corn.
I think I'll take the under.
Weekly Grain Export Inspections Snapshot
๐ฝCorn: 1,728,120 MT, in line with expectations. Above last week's 1,604,224. Current market year to date: 61,941,839 VS Previous market year to date: 48,645,777
๐ฑSoybeans: 494,286 MT, in line with expectations. Below last week's 588,897. Current market year to date: 35,647,542 VS Previous market year to date: 44,668,119
๐พWheat: 402,346 MT, in line with expectations. Above last week's 379,771. Current market year to date: 23,893,498 VS Previous market year to date: 21,866,454
Soybean CoT Update
Funds were net sellers of 13.8k futures contracts through Tuesday, shrinking their net long position to 184,229. Broken down that is 224,926 longs VS 40,697 shorts. Here's a look at year over year and a 10 year continuation
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Corn CoT Update
Funds were net sellers of 82k futures contracts through Tuesday, shrinking their net long position to 211,337. Broken down that is 370,958 longs VS 159,621 shorts. Here's a look at year over year and a 10 year continuation
Get our weekend recap which will be emailed out Saturday morning, along with all of our other daily commentary!
https://t.co/AU8vX7dABh