CBOT Corn Falls 0.3% on Thursday as Export Sales Weaken and Crude Oil Declines

GateNews

According to CBOT data, corn futures fell 0.3% on Thursday (April 30), driven by weak U.S. export sales and declining crude oil prices. The benchmark contract posted its third consecutive trading day decline, tracking international crude oil markets lower, though late-session technical buying helped corn recover some losses. The U.S. Department of Agriculture reported that corn export sales for the 2025/26 crop year totaled 1,361,700 tonnes for the week ending April 30, down 15% from the previous week and 4% below the four-week average.

The National Oceanic and Atmospheric Administration forecasted 0.75 inches of rainfall across parts of the eastern corn belt from Friday through Monday, with additional precipitation expected in central-southern and southeastern regions.

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