Corn futures shrugged off the early weakness on Friday to close near the highs of the day, up 2 ¼ to 3 ½ cents across most contracts. September was 5 ¼ cents higher on the week with December up 6 1/2. The CmdtyView national average Cash Corn price was up 3 1/4 cents at $4.132. A resurgence in the crude oil back above $80/bbl, up $3.50 on the day was supportive.
The NOAA 7-day forecasts continues to call for little ton precip in much of the Dakotas with portions of IA, NE, MN, MN and KS seeing less than 0.5 inch and the eastern corn belt near 1 to 2 inches.
