Corn futures closed out the Friday session with contracts 2 to 3 cents in the red as forecasts remain wet. September was down 9 cents on the week. The CmdtyView national average new crop Cash Corn price was down 2 1/4 cents at $3.77 As we round out July, rain is expected to make its way from the northern Plains most of the Eastern Corn Belt in the next week, with 1 to 2 inches.
USDA reported a private export sale of 102,870 MT of corn sold to Mexico this morning for new crop shipment. Another 140,000 MT was reported to South Korea all for 2025/26.
