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Barchart
Barchart
Austin Schroeder

Corn Backing Off Early Gains for Fractional Midday Losses

Corn futures are pulling back from the early gains on Friday, as contracts are fractionally lower in the nearbys. Contracts closed Thursday with 4 to 6 cent gains. Some of that was possibly short covering, with preliminary open interest down 12,249 contracts. September was a large part of that, down 31,563 contracts as the Goldman roll kicked off.  The CmdtyView national average Cash Corn price is down 1/4 cent at $3.67 3/4.

USDA reported a private export sale of 125,000 MT of 2025/26 corn to unknown destinations this morning. 

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