Corn futures saw a 3 to 4 cent drop on Thursday due to a strong US dollar and lower crude oil prices. The national average Cash Corn price fell 4 cents to $3.76 3/4. December futures have been holding steady around $4.20 this month. Harvest pressures and lack of Export Sales data are contributing to trader uncertainty.

China’s monthly report maintained production at 296.16 MMT but lowered imports by 1 MMT to 6 MMT. Dec 25 Corn closed at $4.18 1/4, Nearby Cash at $3.76 3/4, Mar 26 Corn at $4.34, and May 26 Corn at $4.42 3/4. Austin Schroeder had no positions in securities mentioned. Source: Barchart.com.

Read more at Yahoo Finance: Corn Close Thursday with Losses