Corn Futures Gain, Exports Surge

Corn futures closed slightly higher, with the national average cash price ticking up half a cent to four dollars and three cents. The USDA export sales report showed strong demand, with one point seven four million metric tons booked for the week of December eleventh. Speculators shifted to a net long position, and export commitments stand thirty-one percent ahead of last year. Despite the holiday break, the picture remains steady with solid exports.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.