
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.