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Market Impact: 0.2

Corn Taking Back Some Losses into Friday’s Midday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEconomic DataTrade Policy & Supply Chain

Corn futures are up 3 to 5 cents across most contracts, while the CmdtyView national average cash corn price rose 4.25 cents to $4.30. USDA export sales data show marketing year corn export commitments at 77.063 MMT, up 28% from the same period last year. The report is supportive for corn prices, but the impact is incremental rather than market-wide.

Analysis

Corn futures are up 3 to 5 cents across most contracts, while the CmdtyView national average cash corn price rose 4.25 cents to $4.30. USDA export sales data show marketing year corn export commitments at 77.063 MMT, up 28% from the same period last year. The report is supportive for corn prices, but the impact is incremental rather than market-wide.

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Market Sentiment

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mildly positive

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0.25