Corn, wheat, and soybean futures were little changed on Thursday as traders continued to position ahead of key USDA reports to be released on Monday.
The USDA’s January WASDE report will contain the government’s final 2025 US production estimates. A grain stocks report, showing American stockpiles as of Dec. 1, will also be released, as well as a winter wheat seedings report.
Corn ended mixed today, with this morning’s USDA weekly export sales report pegging bookings of American corn for the week ended Jan. 1 at just 377,598 tonnes, a marketing year low and below the range of trade estimates. March corn was down ¾ of a cent at $4.46, and December 2026 was up ¾ of a cent at $4.64 ½.
Soybeans slipped amid disappointing export sales. Bean bookings for the week ended Jan. 1 were reported at just under 878,000 tonnes, a seven-week low and on the low end of market expectations. March beans fell 5 ¾ cents to $10.61 ¼, and November lost 2 ¼ cents to $10.73.
Wheat export sales came in at 118,701, an improvement from the previous week but still on the low of trade ideas. Monday’s winter wheat seedings report is expected to show all US winter wheat acres for harvest in 2026 at 32.4 million acres, down from 33.15 million in 2025. March Chicago wheat was steady at $5.18, and March Kansas City was down 1 ¼ cents at $5.30 ¼. March Hard Red Spring was unchanged at $5.61 ¼, and March Minneapolis was up ¾ of a cent at $5.71 ¼.
