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Barchart
Barchart
Austin Schroeder

Corn Closes with Thursday Strength

Corn futures posted higher Thursday trade, with contracts up fractionally to 2 ½ cents in the nearby contracts. December futures expire on Friday. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.01 1/2. 

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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