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Barchart
Barchart
Austin Schroeder

EXPLAINED: Corn fading back on friday - The Real Truth

Corn futures are showing 3 to 4 cent losses in the front months on Friday. The CmdtyView national average Cash Corn price is down 3 3/4 cents to $4.23.

Export Sales data from Thursday brought the marketing year corn export commitments to 67.658 MMT, which is 30% larger than the same period last year. That is 81% of USDA’s export number and near the 82% average pace. Shipments at 43.46 MMT are now 52% of USDA’s number and running ahead of the 45% average pace.

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