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Barchart
Barchart
Austin Schroeder

FORGOTTEN HISTORY: Corn starting friday with slight losses - Caught on Camera

Corn price action is down 1 to 2 cents in the front months on Friday morning. Futures posted higher Thursday trade, with contracts up fractionally to 2 ½ cents in the nearby contracts. December futures expire today, with 6 deliveries issued overnight. The CmdtyView national average Cash Corn price was up 1 1/2 cents at $4.01 1/2. 

Export Sales data was updated again on Thursday, showing a 4-week high 2.38 MMT of corn sold in the week ending on 11/13. That was 59.3% larger than the same week last year. Total export sale commitments were 29.7% above the same November week last year at 40.7 MMT (1.6 bbu), a record buying pace.

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