Corn futures are trading down fractional to 2 cents in the front months, while the CmdtyView national average Cash Corn price is down 1.75 cents to $4.23. This morning's Export Sales report showed corn sales of 1.22 MMT, noted as being on the higher side of trade expectations. Overall, small near-term price weakness appears to be offset by relatively strong export demand, implying limited market-moving impact.
Corn futures are trading down fractional to 2 cents in the front months, while the CmdtyView national average Cash Corn price is down 1.75 cents to $4.23. This morning's Export Sales report showed corn sales of 1.22 MMT, noted as being on the higher side of trade expectations. Overall, small near-term price weakness appears to be offset by relatively strong export demand, implying limited market-moving impact.
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mixed
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