Corn futures are trading with fractionally lower action at Thursday’s midday. The CmdtyView national average Cash Corn price is down 1/2 cent at $4.18 3/4.
Export Sales data from Thursday were tallied at 1.316 MMT in the week of 4/16, in the middle of trade estimate of 1-1.8 MMT for old crop. That was a 3-week low, but still 14.2% above the same week last year. New crop sales were at 440,110 MT, above the estimated range of 0 to 250,000 MT.
