Corn futures closed the Thursday trade with contracts up 7 to 8 cents across most nearbys. The CmdtyView national average Cash Corn price was up 7 cents at $3.70.
Export Sales data pegged old crop corn bookings at a net reduction of 27,109 MT, an improvement from the 88,686 MT in net reductions from last week. New crop business was tallied at the second largest for the marketing year at 2.86 MMT in the week ending on August 14, up 39.7% from last week. The largest buyer was unknown destination of 949,400 MT, with 749,000 MT sold to Mexico.
