Corn Prices Decline Amid Market Adjustments and Export Data
Corn futures are trading with 1 to 2 cent losses on Friday, with the national average cash price down to $4.10 1/4. Export sales data shows corn commitments at 72.79 MMT, up 29% year-over-year but below the USDA's projected export pace. Crude oil prices also fell following news of Iran opening the Strait of Hormuz.
Topics: commodity_markets corn_prices crude_oil_prices export_sales