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Barchart
Barchart
Austin Schroeder

Corn Posting Early Friday Weakness

Corn price action is weaker to start Friday, with losses of 2 to 3 cents. Futures rounded out the Thursday session with contracts up 3 to 4 cents at the close. Preliminary open interest was up 13,077 contracts on Thursday. The CmdtyView national average new crop Cash Corn price was up 3 cents at $3.78. 

USDA reported a private export sale of 135,000 MT of corn sold to South Korea (corrected from China as USDA originally posted) on Thursday morning for new crop shipment. Another 284,196 MT was reported for unknown destinations, with 83,956 MT for 2024/25 and 200,240 MT for 2025/26.

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