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Barchart
Barchart
Austin Schroeder

Corn Holding Steady on Friday

CmdtyView USDA United States

Corn futures are showing steady trade on Friday, with some contracts fractionally lower at midday. The CmdtyView national average Cash Corn price is steady at $4.07 1/2. 

After Thursday’s Export Sales report, US corn export commitments are now 50.895 MMT as of January 1, a 30% increase from last year. That is also 63% of the current USDA export projection for the marketing year and ahead of the 61% average sales pace. Actual shipments are 27.414 MMT, which is 34% of USDA’s forecast and ahead of the 24% normal shipping pace.

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