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Austin Schroeder

Corn Slips Lower on Thursday, as the Trade Looks Past USDA Reports

USDA United States Oil CmdtyView South Korea

Corn futures saw losses on Thursday, with contracts down 1 ½ to 3 ¼ cents. The CmdtyView national average Cash Corn price was down 3 cents at $4.05 1/2. Crude oil was back up $4.06 on Thursday.

South Korean importers purchased 136,000 MT of corn in tenders overnight, following the purchases from Wednesday. USDA’s flash reporting system suggested it was US origin, reporting a private export sale of 136,000 MT of corn to South Korea this morning

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