Corn Trading Steady on Thursday Morning

Corn futures are holding steady on Thursday morning, with contracts remaining close to unchanged. On Wednesday, the corn market saw gains of 3 to 4 cents across most contracts. Preliminary open interest slipped by 6,238 contracts on Wednesday, signaling some shorts covering.

The CmdtyView national average cash corn price rose by 3¾ cents to $3.74.

Due to the Monday holiday, the Energy Information Administration (EIA) data release has been postponed to Thursday. Market watchers will be closely monitoring whether ethanol production can continue its recent rebound. Normally, Export Sales data would be released on Friday; however, the ongoing government shutdown has suspended this update. Traders estimate that corn bookings ranged between 0.9 to 2 million metric tons (MMT) for the week ending October 9.

In international news, two separate South Korean importers purchased a combined total of 269,000 metric tons of corn in private tenders on Wednesday. No official origins were listed for these purchases.

Corn Contract Closing Prices:
– December 2025 corn closed at $4.16¾, up 3¾ cents and is currently unchanged.
– Nearby cash corn was $3.74, up 3¾ cents.
– March 2026 corn closed at $4.32¼, up 3 cents and is currently unchanged.
– May 2026 corn closed at $4.41, up 3 cents and is currently up ¼ cent.

Disclaimer: As of the date of publication, Austin Schroeder does not hold positions, either directly or indirectly, in any of the securities mentioned in this article. All information and data are provided solely for informational purposes. For more details, please refer to the [Barchart Disclosure Policy](https://www.barchart.com/disclosure).

Additional news from Barchart:
– Grain Traders React to Unexpected Deterioration in U.S.-China Relations
– Five Things to Watch for a Turnaround
– Will Cotton Ever Rally?
– As China Shuns U.S. Agricultural Products, Make This One Trade Now
– Corn and Soybean Bulls Faced Challenges Last Week: What to Watch Next

The views and opinions expressed in this article are those of the author and do not necessarily reflect those of Nasdaq, Inc.
https://www.nasdaq.com/articles/corn-trading-steady-thursday-morning

Soybeans See Strength on the Midweek Session

The soybean market saw gains of 4 to 7½ cents on Wednesday, led by the front months. The cmdtyView national average Cash Bean price was 8¼ cents higher at $9.53½.

Soymeal futures were 30 cents to $1.90 higher in the front months, while back months were steady to 60 cents lower. There were another 99 deliveries against October meal overnight.

Soy Oil increased by 44 to 70 points during the day. The CBOT reported 25 deliveries for October bean oil overnight.

November soybeans have averaged $10.21 so far through the six trade sessions in October. The full month’s average is used in the harvest price discovery for crop insurance.

Despite the weekly Export Sales report being suspended with the government offline, traders still expect 0.6 to 1.6 million metric tons (MMT) of 2025/26 soybean sales for the week of October 2nd. Meal bookings were projected between 150,000 to 350,000 MT, with 0 to 25,000 MT for oil.

Brazilian soybean exports are estimated at 7.12 MMT during October, significantly higher compared to 4.44 MMT in the same period last year.

Closing prices for November 2025 soybeans were $10.29½, up 7½ cents. Nearby Cash was $9.53½, up 8¼ cents. January 2026 soybeans closed at $10.44¼, up 5¼ cents, while March 2026 soybeans closed at $10.57¼, up 4¼ cents.

*Disclaimer:* On the date of publication, Austin Schroeder did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data provided are solely for informational purposes. For more details, please view the Barchart Disclosure Policy [here](https://www.barchart.com/disclosure).

**More News from Barchart**

– Corn, Soybean Bulls Had One Foot in the Grave Last Week. What to Watch Next.
– Barchart Experts Weigh In: Everything You Need to Know About the U.S.-China Soybean Panic
– Have Soybeans Hit a Market Bottom?
– Why Is China Not Buying U.S. Soybeans?

*The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.*
https://www.nasdaq.com/articles/soybeans-see-strength-midweek-session

Gold futures rise above $4,000 per ounce for the first time

NEW YORK, United States — Gold futures soared above $4,000 per troy ounce for the first time Tuesday, as many investors sought a safe place to park their money amid the continuing U.S. government shutdown.

The price for New York spot gold had previously closed at $3,960.60 per troy ounce, which serves as the standard benchmark for gold trading.

https://business.inquirer.net/551473/gold-futures-rise-above-4000-per-ounce-for-the-first-time

Turkmenistan spins textile export wins with gabardine, calico, and terry products

**State Commodity and Raw Materials Exchange of Turkmenistan: Textile Enterprises Offer Large Consignments**

Several textile enterprises have presented large consignments of cotton yarn and fabrics through the State Commodity and Raw Materials Exchange of Turkmenistan. All lots are available under payment deferment terms, with FCA delivery from Ashgabat and Turkmenabat.

**Currency Rates:**

| Currency | Rate |
|———-|———|
| AZN | 40.00 |
| USD | 23.50 |
| EUR | 20.00 |
| RUB | 0.00 |

Buy orders are welcome. For more information and to place an order, please contact the exchange.
https://www.trend.az/business/4095956.html

Gold Prices Climb ₹171 To ₹1,12,800 Per 10 Grams In Domestic Futures Market, Silver Declines ₹400

New Delhi: Gold prices climbed by Rs 171 to reach Rs 1,12,800 per 10 grams in the domestic futures market on Friday, despite a largely flat trend in the overseas market. Meanwhile, silver pulled back from its record peak, declining by Rs 400 to Rs 1,36,656 per kilogram.

On the Multi Commodity Exchange (MCX), gold for October delivery rose Rs 171, or 0.15%, to Rs 1,12,800 per 10 grams in a turnover of 2,834 lots. Similarly, the December contract traded higher by Rs 56, or 0.05%, at Rs 1,13,927 per 10 grams in 13,573 lots.

In contrast, silver eased after scaling fresh records in the previous session. The December contract fell Rs 400, or 0.29%, to Rs 1,36,656 per kilogram in 17,462 lots. The white metal had touched a record high of Rs 1,37,530 per kg on Thursday.

The March 2026 contract also slipped Rs 351, or 0.25%, to Rs 1,38,051 per kg in 2,216 lots after hitting an all-time high of Rs 1,38,847 per kg in the previous session.

Globally, gold futures for December delivery rose 0.15% to USD 3,776.90 per ounce, while silver futures were trading 0.21% lower at USD 45.02 per ounce. On Thursday, silver had climbed to hover near a 14-year high of USD 45.50 per ounce.

Commodities market experts said upbeat US macroeconomic data released on Thursday fueled uncertainty over the pace of interest rate cuts by the Federal Reserve, helping the dollar stay near a three-week high. This, in turn, limited gains in gold prices.

They added that the downside for gold may remain cushioned as traders await the release of the US personal consumption expenditures (PCE) price index—the Fed’s preferred inflation gauge—for policy cues and near-term direction for bullion prices. The data will confirm whether the US Federal Reserve (Fed) will remain on track for two rate cuts this year.

Experts also noted that renewed concerns over the economic fallout from US President Donald Trump’s fresh tariffs on a wide range of imports, along with rising geopolitical tensions, are likely to keep safe-haven demand intact.

“Persistent geopolitical risks and festive demand in Asia could lend support to gold at lower levels,” an expert said.

*Disclaimer: This story is from a syndicated feed. Nothing has changed except the headline.*
https://www.freepressjournal.in/business/gold-prices-climb-171-to-112800-per-10-grams-in-domestic-futures-market-silver-declines-400

Exit mobile version