Corn futures are up 1 to 2 cents, extending Monday’s gains. The national average Cash Corn price is $4.08 ½. Total export sales commitments are now 30% larger than last year at 50.538 MMT, ahead of the USDA’s estimate. Managed money flipped to a net short position of 23,584 contracts in corn futures and options.

Mar 26 Corn is at $4.46 1/4, Nearby Cash is at $4.08 1/2, May 26 Corn is at $4.54, Jul 26 Corn is at $4.60. Commitment of Traders data showed a move to the short side of 26,343 contracts.

Read more at Yahoo Finance: Corn Extending Bounce to Tuesday