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Barchart
Barchart
Austin Schroeder

Corn Holding Lower on Thursday

CmdtyView Export Sales

Corn futures are trading with fractional to 2 cent losses in the front months on Thursday. The CmdtyView national average Cash Corn price is down 1 3/4 cents to $4.23.  

Export Sales data from this morning tallied corn sales at 1.22 MMT, which was on the higher side of trade ideas of between 0.7 and 1.5 MMT in old crop corn bookings during the week of 3/19. That was back up from last week and 17.1% above the same week last year. New crop sales exceeded the estimated range of 0 to 100,000 MT at 135,000 MT.

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