Corn Climbs on China Chatter: Why Four Twenty Matters for Your Bottom Line
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Corn Climbs on China Chatter: Why Four Twenty Matters for Your Bottom Line
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This is your Daily Corn Price Tracker with Vanessa Clark podcast.
Hey friends, welcome back to Daily Corn Price Tracker with Vanessa Clark. Im your host Vanessa, and today were diving into the latest on corn prices, export buzz, and what it all means for you.
Right now, March corn futures are trading higher at four dollars and twenty-six and three-quarters, up three cents this morning, according to the TFM Morning Update. December corn is also up two cents to four dollars fifty-two and a half. Yesterday closed a bit lower around four twenty-one and three-quarters per ProFarmer after the bell, but that bullish push comes from Trade Secretary Bessents positive comments to China, sparking optimism across grains.
Export news stays strong too. Yesterdays inspections hit one point four eight four million tons, solid compared to last week and a year ago, with top spots going to Mexico, Colombia, and Japan, as reported by TFM. Seven flash sales this week show US corn crushing global competition thanks to our recent price dip, and that edge should hold through late spring before South Americas harvest ramps up.
The January USDA report was bearish overall, boosting feed demand estimates without cuts elsewhere, per Jon Scheve at OCJ, but prices held better than expected. Exports are on fire, ethanol looks profitable, and this dip is a win for end users locking in needs now.
Takeaway for you growers and buyers: Watch that four twenty support level. If youre holding corn, hang tight for potential trades up to four forty-five, but consider selling dips below four twenty to stretch your cash flow. End users, grab coverage now while its cheap.
Thanks for joining me today, pals. Subscribe, share with your farm crew, and tune in tomorrow for more corn updates. Talk soon!
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