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Barchart
Barchart
Austin Schroeder

UNCOVERED: Corn pushes higher late on thursday - The Untold Story

Corn futures closed the Thursday session with bulls giving a late push, as contracts were fractionally to 2 ¼ cents higher. May was the lonely holdout, down ¼ cent. The CmdtyView national average Cash Corn price was down 1/4 cent to $4.24 1/2.  

Export Sales data from this morning tallied old crop corn bookings during the week of 3/19 at 1.22 MMT. That was back up from last week and 17.1% above the same week last year. Mexico was the top buyer of 428,600 MT, with 319,400 MT sold to Colombia, and 97,200 MT to the Dominican Republic. New crop sales were listed at 135,000 MT, all to Japan. 

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