Corn futures are up 1 to 2 cents across the front months on Friday. The CmdtyView national average Cash Corn price is up 1 1/4 cents at $3.81.
Export Sales data now has the old crop export commitment total at 82.767 MMT, which is 98% of USDA’s newly updated export projection, matching the 98% average sales pace. Shipments at 64.5 MMT are 76% of the USDA number and slightly behind the 78% average shipping pace. New crop business has totaled 4.124 MMT so far this year, a 31.6% increase from the same point last year.
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