Corn price action is down 3 to 4 cents so far on Friday AM trade. Futures were fighting to stay above $5 for much of the session despite hitting a low of $4.95 in the December contract. Bulls battled back to close with contracts steady to 1 ½ cents higher. Open interest was down 29,668 contracts, mainly in the December contract (-20,972). The CmdtyView national average Cash Corn price was up 3 1/4 cents at $4.61 1/4.
Export Sales data from Thursday showed just 535,989 MT in corn sales for 2026/27. That was the lowest of the 4 weeks in the new marketing year and less than half of the same week last year. Mexico was the top buyer of 252,200 MT, with 101,200 MT sold to Colombia.
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