Corn Fades Lower into the Weekend

Corn futures closed Friday steady to 5 cents lower, with front-month May down 3.5 cents on the week. The CmdtyView national average cash corn fell about $0.05 to $4.19 1/2. Export Sales data from Thursday was cited in the report but not detailed, implying modest near-term bearish pressure on corn prices.

Analysis

Corn futures closed Friday steady to 5 cents lower, with front-month May down 3.5 cents on the week. The CmdtyView national average cash corn fell about $0.05 to $4.19 1/2. Export Sales data from Thursday was cited in the report but not detailed, implying modest near-term bearish pressure on corn prices.