Corn Showing a Modest Bounce at Friday’s Midday

Corn futures are up 1 to 2 cents across the front months, while the CmdtyView national average cash corn price rose 1 1/4 cents to $3.81. Export Sales data shows old-crop export commitments at 82.767 MMT, equal to 98% of USDA's newly updated export target. The update is supportive but modest and does not indicate a major shift in the market.

Analysis

Corn futures are up 1 to 2 cents across the front months, while the CmdtyView national average cash corn price rose 1 1/4 cents to $3.81. Export Sales data shows old-crop export commitments at 82.767 MMT, equal to 98% of USDA's newly updated export target. The update is supportive but modest and does not indicate a major shift in the market.