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Barchart
Barchart
Austin Schroeder

Corn Bulls Gaining Some Steam on Friday Morning

CmdtyView

Corn futures are showing 3 to 4 cent gains so far on Friday. Bulls fought off the weakness on Thursday, as contracts closed with nearbys within a penny of unchanged. Preliminary open interest was down 6,778, mainly on an exit of September (22,873 contracts). The CmdtyView national average Cash Corn price was up 3/4 cent at $3.57 1/4.

USDA reported private export sales announcements of 136,000 MT to South Korea and 132,000 MT to Spain all for new crop on Thursday morning.

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