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Market Impact: 0.25

Corn Holding onto Thursday Gains as December Tests $5

Commodities & Raw MaterialsCommodity FuturesEconomic Data

Corn futures are up about 3.5 to 5 cents across most contracts, with the CmdtyView national average cash price rising 4.75 cents to $4.49 1/4. The ProFarmer Crop Tour reported Illinois corn yields averaging 184.19 bushels per acre (down versus prior expectations/benchmarks), supporting nearby price strength despite some fading early gains.

Analysis

Corn futures are up about 3.5 to 5 cents across most contracts, with the CmdtyView national average cash price rising 4.75 cents to $4.49 1/4. The ProFarmer Crop Tour reported Illinois corn yields averaging 184.19 bushels per acre (down versus prior expectations/benchmarks), supporting nearby price strength despite some fading early gains.

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