
The corn market held onto gains on Friday, despite pulling off the highs into the close. Futures were fractional to 2 cents higher across most contracts, as December was up 9 ½ cents this week. The CmdtyView national average Cash Corn price was up 1 1/4 cents at $3.81 1/2.
December corn futures have had an average close of $4.18 so far in October, used to determine the harvest price for crop insurance. That is below the $4.70 from February but above the $4.16 harvest price last year.