Corn futures are up 2 to 3 cents on Wednesday, with the national average Cash Corn price at $4.06 1/2. Export Sales data shows commitments at 47.579 MMT, 31% higher than last year. CFTC report reveals spec traders now hold a net long position of 52,672 contracts in corn futures and options.

Argentina’s corn crop is 77.7% planted, ahead of average, with 87% of the crop rated good/excellent. Prices for Mar 26 Corn are at $4.50, Nearby Cash at $4.06 1/2, May 26 Corn at $4.58 1/4, and Jul 26 Corn at $4.64. Markets will close early for Christmas.

Read more at Yahoo Finance: Corn Stronger Heading into the Early Close