Corn futures posted losses of 1 to 2 cents across most contracts on the Friday session, as December managed to slip 4 ¼ cents lower this week. The CmdtyView national average Cash Corn price was down 1 3/4 cents to $3.88.
While the government remains closed, the USDA is expected to release their Crop Production and WASDE reports next Friday.
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The Buenos Aires Grain Exchange estimates the Argentina corn crop at 36% planted, down 2.7 percentage points from last year. Crop conditions on the corn emerged are rated at 79% good to excellent.
Dec 25 Corn closed at $4.27 1/4, down 1 1/2 cents,
Nearby Cash was $3.88, down 1 3/4 cents,
Mar 26 Corn closed at $4.42, down 1 cent,
May 26 Corn closed at $4.50 1/2, down 1 cent,
