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Barchart
Barchart
Austin Schroeder

Corn Holding Higher on Thursday

Corn futures are trading with 5 to 7 cent gains so far on Thursday. The CmdtyView national average Cash Corn price is up 6 ¼ cents to $4.26 1/4

Export sales data from this morning showed 1.17 MMT of old crop corn sold in the week ending on 3/12, in the middle of estimates at 0.6-1.8 MMT. That was down 13.4% from last week and 11.7% below the same week last year. New crop business was at just 12,000 MT, in the middle of estimates at 0-100,000 MT. 

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