Corn price action is up 1 to 2 cents across the front months on Wednesday morning. Futures were mixed on Tuesday, with nearbys through September 2027 down 1 to 2 ¼ cents lower and deferreds fractionally to 2 ¼ cents higher. Open interest was down 14,813 contracts on Tuesday, mainly in July. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.79 1/4.
USDA reported a private export sale of 100,000 MT of corn to Mexico on Tuesday, with 30,000 MT for old crop and 70,000 MT for new crop.