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Barchart
Barchart
Austin Schroeder

Corn Starting Friday with Weakness

The corn market is trading with 2 to 3 cent losses early on Friday morning. Futures posted losses across most contracts on Thursday, with contracts down 2 to 4 cents across most months. Preliminary open interest was down 6,100 contracts on Thursday. The CmdtyView national average Cash Corn price was down 3 1/2 cents to $3.91.

With just 1 day remaining in the harvest price discovery for crop insurance, December corn has an average close at $4.22 during October. That is up 6 cents from last year and down 48 cents from the spring price.

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