Corn futures closed lower on Friday, with September down 10 cents for the week. Cash corn price at $3.73 1/2. Private export sales announced, totaling 1.147 MMT for new crop. Grain Crushing data showed 447.97 mbu of corn used for ethanol in June. CFTC data added 3,820 contracts to spec fund net short in corn.
Sep 25 Corn closed at $3.89 1/2, down 4 1/2 cents. Dec 25 Corn closed at $4.10 3/4, down 3 cents. Mar 26 Corn closed at $4.28 1/4, down 2 1/4 cents. Austin Schroeder had no positions in mentioned securities. Information in article for informational purposes only.
Read more at Yahoo Finance: Corn Falls Back on Friday
