Corn futures are up 2 to 3 ½ cents, with the national average Cash Corn price at $3.96 1/4. Export Sales data exceeded expectations, with 2.07 MMT of corn sold in the week of February 5, a significant increase from the previous week and last year.

CONAB reduced their Brazilian corn crop estimate by 0.42 MMT to 138.45 MMT, with the second crop cut by 1.2 MMT. Corn prices for March, May, and July are all up, with March 26 Corn at $4.29 3/4 and May 26 Corn at $4.39 1/2.

Read more at Yahoo Finance: Corn Bulls Pushing Back Higher on Thursday