Corn Bulls Come Back to Close with Gains on Thursday

Corn futures finished Thursday 1/2 to 2 3/4 cents higher, while the CmdtyView national average cash corn price rose 1 3/4 cents to $4.20. Export sales totaled 1.316 MMT for the week of 4/16, a 3-week low, though the article notes sales remained up 14.2%. The update is supportive but largely routine for grain markets.

Analysis

Corn futures finished Thursday 1/2 to 2 3/4 cents higher, while the CmdtyView national average cash corn price rose 1 3/4 cents to $4.20. Export sales totaled 1.316 MMT for the week of 4/16, a 3-week low, though the article notes sales remained up 14.2%. The update is supportive but largely routine for grain markets.