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Barchart
Barchart
Austin Schroeder

Corn Bouncing Higher on Thursday

Corn futures are up 1 to 2 cents at Thursday’s midday. There were another 22 deliveries issued against December corn overnight. The CmdtyView national average Cash Corn price is up 1 3/42 cents at $4.01 3/4. 

USDA reported a private export sale of 186,000 MT of corn to unknown destinations this morning. Export Sales data was updated again this morning, showing a 4-week high 2.38 MMT of corn sold in the week ending on 11/13. That exceeded the 0.8-2 MMT range of estimates and was 59.3% larger than the same week last year. 

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