Corn futures eased back lower into the weekend, closing Friday with contracts steady to 5 cents lower led by the nearbys. Front month May was down 3 ½ cents this week. The CmdtyView national average Cash Corn price was down 5 cents to $4.19 1/2.
Export Sales data from Thursday tallied old crop corn commitments at 68.875 MMT, a 30% improvement from last year. That is now 82% of the USDA export projection and is behind the average pace of 86%.
