Corn futures saw gains of 3 to 5 ½ cents, supported by wheat and soybeans. The national average Cash Corn price was up 3 3/4 cents at $3.98 3/4. Export Sales data showed 2.07 MMT of corn sold, with Japan as the largest buyer at 616,600 MT. CONAB trimmed Brazil’s corn crop estimate to 138.45 MMT. Argentina’s corn crop is at 43% good/excellent. Mar 26 Corn closed at $4.31 1/4. Nearby Cash was $3.98 3/4. May 26 Corn closed at $4.41 3/4. Jul 26 Corn closed at $4.49 3/4.
Read more at Yahoo Finance: Corn Bulls Push Higher into the Thursday Close
