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Barchart
Barchart
Austin Schroeder

Corn Posts Strength on Friday to Close the Week Back to Where it Started

Corn futures were rallying back on Friday, with contracts up 7 to 8 ¾ cents. September managed to pull out of the week with a penny gain, as December was down just a tick. A win for the bulls considering there’s 1 billion more bushels on the balance sheet than the week started with. The CmdtyView national average Cash Corn price was up 8 1/2 cents at $3.63 3/4.

Precip is limited over the next week for much of the Corn Belt, with exception to the central-eastern portion of the Dakotas, MN, northern IA, WI, MI and the extreme northern portion of the ECB. 

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