Highlights US corn less competitive amid logistical issues on the Mississippi River Total commitments for 2022-23 dropped 50% on the year, 42% below the five-year average CIF New Orleans corn basis for October climbs 12 cents in the week US net export sales of corn for the 2022-23 marketing year (September-August) totaled 227,045 mt in the week ended Sept. 29, Department of Agriculture data showed Oct. 6. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The net export sales weekly figure was below the 512,045 mt sold the previous week and below market expectations, which stood between 350,000 mt and 800,000 mt for the current marketing year. There were not sales reported for the next marketing year, MY 2023-24. Low water levels Low water levels on the lower Mississippi River have increased the cost of moving corn from the US Midwest to the US Gulf, […]